This property could be a profitable Mid-Term investment with a projected 11.39% first-year return on $75,750 initial cash invested.
11.39%
Cash On Cash
10.45%
Cap Rate
1.6
DSCR
$4,497
Rent
$719
Cashflow
Cash Flow
$4,497 income − $3,778 expenses = $719 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,497
Total Expenses
$3,778
Mortgage P&I
33%
$1,495
Property Taxes
15%
$657
Home Insurance
2%
$96
HOA
0%
$0
Property Management
12%
$540
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$495