This property could be a profitable Mid-Term investment with a projected 18.77% first-year return on $97,947 initial cash invested.
18.77%
Cash On Cash
11.73%
Cap Rate
1.92
DSCR
$6,260
Rent
$1,532
Cashflow
Cash Flow
$6,260 income − $4,728 expenses = $1,532 cash flow
Investment Breakdown
|
Purchase Price
$381k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,947
Downpayment
20%
$76,140
Closing costs
1%
$3,807
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$6,260
Total Expenses
$4,728
Mortgage P&I
31%
$1,938
Property Taxes
8%
$515
Home Insurance
2%
$147
HOA
0%
$0
Property Management
12%
$751
CapEx
4%
$250
Vacancy
3%
$188
Maintenance
4%
$250
Other
11%
$689