This property could be a profitable Mid-Term investment with a projected 13.23% first-year return on $81,000 initial cash invested.
13.23%
Cash On Cash
10.87%
Cap Rate
1.64
DSCR
$4,227
Rent
$893
Cashflow
Cash Flow
$4,227 income − $3,334 expenses = $893 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,000
Downpayment
20%
$60,000
Closing costs
1%
$3,000
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,227
Total Expenses
$3,334
Mortgage P&I
39%
$1,655
Property Taxes
3%
$111
Home Insurance
2%
$105
HOA
1%
$26
Property Management
12%
$507
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$465