This property could be a profitable Mid-Term investment with a projected 10.88% first-year return on $75,750 initial cash invested.
10.88%
Cash On Cash
10.17%
Cap Rate
1.55
DSCR
$3,542
Rent
$687
Cashflow
Cash Flow
$3,542 income − $2,855 expenses = $687 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,542
Total Expenses
$2,855
Mortgage P&I
42%
$1,501
Property Taxes
2%
$53
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$425
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$390