This property could be a profitable Mid-Term investment with a projected 10.72% first-year return on $81,252 initial cash invested.
10.72%
Cash On Cash
10.15%
Cap Rate
1.53
DSCR
$3,999
Rent
$726
Cashflow
Cash Flow
$3,999 income − $3,273 expenses = $726 cash flow
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,252
Downpayment
20%
$60,240
Closing costs
1%
$3,012
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,999
Total Expenses
$3,273
Mortgage P&I
42%
$1,661
Property Taxes
3%
$128
Home Insurance
3%
$124
HOA
0%
$0
Property Management
12%
$480
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$440