This property could be a profitable Mid-Term investment with a projected 11.15% first-year return on $79,950 initial cash invested.
11.15%
Cash On Cash
10.36%
Cap Rate
1.57
DSCR
$4,484
Rent
$743
Cashflow
Cash Flow
$4,484 income − $3,741 expenses = $743 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,950
Downpayment
20%
$59,000
Closing costs
1%
$2,950
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,484
Total Expenses
$3,741
Mortgage P&I
36%
$1,626
Property Taxes
11%
$488
Home Insurance
2%
$103
HOA
0%
$0
Property Management
12%
$538
CapEx
4%
$179
Vacancy
3%
$135
Maintenance
4%
$179
Other
11%
$493