This property could be a profitable Mid-Term investment with a projected 12.79% first-year return on $89,337 initial cash invested.
12.79%
Cash On Cash
10.11%
Cap Rate
1.66
DSCR
$4,620
Rent
$952
Cashflow
Cash Flow
$4,620 income − $3,668 expenses = $952 cash flow
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,337
Downpayment
20%
$67,940
Closing costs
1%
$3,397
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,620
Total Expenses
$3,668
Mortgage P&I
37%
$1,726
Property Taxes
5%
$249
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$554
CapEx
4%
$185
Vacancy
3%
$139
Maintenance
4%
$185
Other
11%
$508