This property could be a profitable Mid-Term investment with a projected 16.05% first-year return on $79,845 initial cash invested.
16.05%
Cash On Cash
11.71%
Cap Rate
1.77
DSCR
$4,563
Rent
$1,068
Cashflow
Cash Flow
$4,563 income − $3,495 expenses = $1,068 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,845
Downpayment
20%
$58,900
Closing costs
1%
$2,945
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,563
Total Expenses
$3,495
Mortgage P&I
36%
$1,624
Property Taxes
4%
$169
Home Insurance
2%
$103
HOA
1%
$46
Property Management
12%
$548
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$502