This property could be a profitable Mid-Term investment with a projected 17.46% first-year return on $116k initial cash invested.
17.46%
Cash On Cash
11.16%
Cap Rate
1.83
DSCR
$6,852
Rent
$1,689
Cashflow
Cash Flow
$6,852 income − $5,163 expenses = $1,689 cash flow
Investment Breakdown
|
Purchase Price
$467k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,400
Closing costs
1%
$4,670
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$6,852
Total Expenses
$5,163
Mortgage P&I
35%
$2,379
Property Taxes
3%
$209
Home Insurance
2%
$170
HOA
1%
$75
Property Management
12%
$822
CapEx
4%
$274
Vacancy
3%
$206
Maintenance
4%
$274
Other
11%
$754