This property could be a profitable Mid-Term investment with a projected 12.18% first-year return on $93,894 initial cash invested.
12.18%
Cash On Cash
10.53%
Cap Rate
1.58
DSCR
$5,319
Rent
$953
Cashflow
Cash Flow
$5,319 income − $4,366 expenses = $953 cash flow
Investment Breakdown
|
Purchase Price
$361k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,894
Downpayment
20%
$72,280
Closing costs
1%
$3,614
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,319
Total Expenses
$4,366
Mortgage P&I
38%
$2,004
Property Taxes
8%
$423
Home Insurance
2%
$130
HOA
0%
$0
Property Management
12%
$638
CapEx
4%
$213
Vacancy
3%
$160
Maintenance
4%
$213
Other
11%
$585