This property could be a profitable Mid-Term investment with a projected 12.05% first-year return on $70,395 initial cash invested.
12.05%
Cash On Cash
10.75%
Cap Rate
1.62
DSCR
$3,714
Rent
$707
Cashflow
Cash Flow
$3,714 income − $3,007 expenses = $707 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,395
Downpayment
20%
$49,900
Closing costs
1%
$2,495
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,714
Total Expenses
$3,007
Mortgage P&I
37%
$1,379
Property Taxes
7%
$277
Home Insurance
2%
$87
HOA
0%
$0
Property Management
12%
$446
CapEx
4%
$149
Vacancy
3%
$111
Maintenance
4%
$149
Other
11%
$409