This property could be a profitable Mid-Term investment with a projected 10.61% first-year return on $80,307 initial cash invested.
10.61%
Cash On Cash
10.12%
Cap Rate
1.53
DSCR
$4,017
Rent
$710
Cashflow
Cash Flow
$4,017 income − $3,307 expenses = $710 cash flow
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,307
Downpayment
20%
$59,340
Closing costs
1%
$2,967
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,017
Total Expenses
$3,307
Mortgage P&I
41%
$1,631
Property Taxes
5%
$204
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$482
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$442