This property could be a profitable Mid-Term investment with a projected 12.2% first-year return on $71,130 initial cash invested.
12.2%
Cash On Cash
10.98%
Cap Rate
1.65
DSCR
$4,698
Rent
$723
Cashflow
Cash Flow
$4,698 income − $3,975 expenses = $723 cash flow
Investment Breakdown
|
Purchase Price
$253k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,130
Downpayment
20%
$50,600
Closing costs
1%
$2,530
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,698
Total Expenses
$3,975
Mortgage P&I
30%
$1,403
Property Taxes
18%
$825
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$564
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$517