This property could be a profitable Mid-Term investment with a projected 36.74% first-year return on $73,650 initial cash invested.
36.74%
Cash On Cash
17.66%
Cap Rate
2.78
DSCR
$6,072
Rent
$2,255
Cashflow
Cash Flow
$6,072 income − $3,817 expenses = $2,255 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$6,072
Total Expenses
$3,817
Mortgage P&I
23%
$1,401
Property Taxes
4%
$258
Home Insurance
2%
$93
HOA
0%
$0
Property Management
12%
$729
CapEx
4%
$243
Vacancy
3%
$182
Maintenance
4%
$243
Other
11%
$668