This property could be a profitable Mid-Term investment with a projected 11.44% first-year return on $75,603 initial cash invested.
11.44%
Cash On Cash
9.99%
Cap Rate
1.61
DSCR
$3,542
Rent
$721
Cashflow
Cash Flow
$3,542 income − $2,821 expenses = $721 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,603
Downpayment
20%
$54,860
Closing costs
1%
$2,743
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,542
Total Expenses
$2,821
Mortgage P&I
40%
$1,420
Property Taxes
4%
$131
Home Insurance
2%
$65
HOA
0%
$0
Property Management
12%
$425
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$390