This property could be a profitable Mid-Term investment with a projected 10.47% first-year return on $75,540 initial cash invested.
10.47%
Cash On Cash
10.3%
Cap Rate
1.52
DSCR
$3,682
Rent
$659
Cashflow
Cash Flow
$3,682 income − $3,023 expenses = $659 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,540
Downpayment
20%
$54,800
Closing costs
1%
$2,740
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,682
Total Expenses
$3,023
Mortgage P&I
42%
$1,545
Property Taxes
4%
$141
Home Insurance
2%
$86
HOA
0%
$0
Property Management
12%
$442
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$405