This property could be a profitable Mid-Term investment with a projected 10.19% first-year return on $75,225 initial cash invested.
10.19%
Cash On Cash
10.08%
Cap Rate
1.54
DSCR
$4,155
Rent
$639
Cashflow
Cash Flow
$4,155 income − $3,516 expenses = $639 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,225
Downpayment
20%
$54,500
Closing costs
1%
$2,725
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,155
Total Expenses
$3,516
Mortgage P&I
36%
$1,483
Property Taxes
11%
$473
Home Insurance
4%
$147
HOA
0%
$0
Property Management
12%
$499
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$457