This property could be a profitable Mid-Term investment with a projected 10.13% first-year return on $74,490 initial cash invested.
10.13%
Cash On Cash
10.05%
Cap Rate
1.52
DSCR
$3,430
Rent
$629
Cashflow
Cash Flow
$3,430 income − $2,801 expenses = $629 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,430
Total Expenses
$2,801
Mortgage P&I
43%
$1,486
Property Taxes
2%
$53
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377