This property could be a profitable Mid-Term investment with a projected 24.3% first-year return on $80,790 initial cash invested.
24.3%
Cash On Cash
13.89%
Cap Rate
2.18
DSCR
$5,888
Rent
$1,636
Cashflow
Cash Flow
$5,888 income − $4,252 expenses = $1,636 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$5,888
Total Expenses
$4,252
Mortgage P&I
27%
$1,590
Property Taxes
9%
$553
Home Insurance
2%
$105
HOA
0%
$0
Property Management
12%
$707
CapEx
4%
$236
Vacancy
3%
$177
Maintenance
4%
$236
Other
11%
$648