This property could be a profitable Mid-Term investment with a projected 10.09% first-year return on $106k initial cash invested.
10.09%
Cash On Cash
9.39%
Cap Rate
1.51
DSCR
$5,364
Rent
$895
Cashflow
Cash Flow
$5,364 income − $4,469 expenses = $895 cash flow
Investment Breakdown
|
Purchase Price
$421k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$84,280
Closing costs
1%
$4,214
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,364
Total Expenses
$4,469
Mortgage P&I
41%
$2,189
Property Taxes
6%
$298
Home Insurance
3%
$157
HOA
0%
$0
Property Management
12%
$644
CapEx
4%
$215
Vacancy
3%
$161
Maintenance
4%
$215
Other
11%
$590