This property could be a profitable Mid-Term investment with a projected 10.7% first-year return on $89,589 initial cash invested.
10.7%
Cash On Cash
9.61%
Cap Rate
1.57
DSCR
$4,774
Rent
$799
Cashflow
Cash Flow
$4,774 income − $3,975 expenses = $799 cash flow
Investment Breakdown
|
Purchase Price
$341k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,589
Downpayment
20%
$68,180
Closing costs
1%
$3,409
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,774
Total Expenses
$3,975
Mortgage P&I
36%
$1,740
Property Taxes
10%
$490
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$573
CapEx
4%
$191
Vacancy
3%
$143
Maintenance
4%
$191
Other
11%
$525