This property could be a profitable Mid-Term investment with a projected 13.36% first-year return on $71,760 initial cash invested.
13.36%
Cash On Cash
11.02%
Cap Rate
1.68
DSCR
$3,855
Rent
$799
Cashflow
Cash Flow
$3,855 income − $3,056 expenses = $799 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,760
Downpayment
20%
$51,200
Closing costs
1%
$2,560
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,855
Total Expenses
$3,056
Mortgage P&I
36%
$1,397
Property Taxes
7%
$258
Home Insurance
2%
$90
HOA
0%
$0
Property Management
12%
$463
CapEx
4%
$154
Vacancy
3%
$116
Maintenance
4%
$154
Other
11%
$424