This property could be a profitable Mid-Term investment with a projected 11.29% first-year return on $96,078 initial cash invested.
11.29%
Cash On Cash
10.26%
Cap Rate
1.55
DSCR
$5,523
Rent
$904
Cashflow
Cash Flow
$5,523 income − $4,619 expenses = $904 cash flow
Investment Breakdown
|
Purchase Price
$372k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,078
Downpayment
20%
$74,360
Closing costs
1%
$3,718
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,523
Total Expenses
$4,619
Mortgage P&I
37%
$2,054
Property Taxes
10%
$530
Home Insurance
2%
$133
HOA
0%
$23
Property Management
12%
$663
CapEx
4%
$221
Vacancy
3%
$166
Maintenance
4%
$221
Other
11%
$608