This property could be a profitable Mid-Term investment with a projected 33.63% first-year return on $71,550 initial cash invested.
33.63%
Cash On Cash
16.61%
Cap Rate
2.68
DSCR
$5,204
Rent
$2,005
Cashflow
Cash Flow
$5,204 income − $3,199 expenses = $2,005 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,550
Downpayment
20%
$51,000
Closing costs
1%
$2,550
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$5,204
Total Expenses
$3,199
Mortgage P&I
25%
$1,316
Property Taxes
1%
$26
Home Insurance
2%
$89
HOA
0%
$0
Property Management
12%
$624
CapEx
4%
$208
Vacancy
3%
$156
Maintenance
4%
$208
Other
11%
$572