This property could be a profitable Mid-Term investment with a projected 12.56% first-year return on $106k initial cash invested.
12.56%
Cash On Cash
10.35%
Cap Rate
1.58
DSCR
$5,462
Rent
$1,111
Cashflow
Cash Flow
$5,462 income − $4,351 expenses = $1,111 cash flow
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,980
Closing costs
1%
$4,199
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,462
Total Expenses
$4,351
Mortgage P&I
42%
$2,292
Property Taxes
0%
$6
Home Insurance
3%
$147
HOA
1%
$50
Property Management
12%
$655
CapEx
4%
$218
Vacancy
3%
$164
Maintenance
4%
$218
Other
11%
$601