This property could be a profitable Mid-Term investment with a projected 16.69% first-year return on $76,212 initial cash invested.
16.69%
Cash On Cash
11.72%
Cap Rate
1.84
DSCR
$4,425
Rent
$1,060
Cashflow
Cash Flow
$4,425 income − $3,365 expenses = $1,060 cash flow
Investment Breakdown
|
Purchase Price
$277k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,212
Downpayment
20%
$55,440
Closing costs
1%
$2,772
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,425
Total Expenses
$3,365
Mortgage P&I
33%
$1,470
Property Taxes
7%
$292
Home Insurance
2%
$98
HOA
0%
$0
Property Management
12%
$531
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$487