This property could be a profitable Mid-Term investment with a projected 10.23% first-year return on $75,750 initial cash invested.
10.23%
Cash On Cash
10.07%
Cap Rate
1.52
DSCR
$3,710
Rent
$646
Cashflow
Cash Flow
$3,710 income − $3,064 expenses = $646 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,710
Total Expenses
$3,064
Mortgage P&I
41%
$1,513
Property Taxes
5%
$195
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$445
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$408