This property could be a profitable Mid-Term investment with a projected 10.78% first-year return on $79,593 initial cash invested.
10.78%
Cash On Cash
10.12%
Cap Rate
1.54
DSCR
$3,930
Rent
$715
Cashflow
Cash Flow
$3,930 income − $3,215 expenses = $715 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,593
Downpayment
20%
$58,660
Closing costs
1%
$2,933
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,930
Total Expenses
$3,215
Mortgage P&I
41%
$1,601
Property Taxes
4%
$173
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$472
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$432