This property could be a profitable Mid-Term investment with a projected 13.96% first-year return on $87,321 initial cash invested.
13.96%
Cash On Cash
10.96%
Cap Rate
1.67
DSCR
$4,869
Rent
$1,016
Cashflow
Cash Flow
$4,869 income − $3,853 expenses = $1,016 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,321
Downpayment
20%
$66,020
Closing costs
1%
$3,301
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,869
Total Expenses
$3,853
Mortgage P&I
37%
$1,803
Property Taxes
6%
$268
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$584
CapEx
4%
$195
Vacancy
3%
$146
Maintenance
4%
$195
Other
11%
$536