This property could be a profitable Mid-Term investment with a projected 17.43% first-year return on $83,499 initial cash invested.
17.43%
Cash On Cash
11.75%
Cap Rate
1.85
DSCR
$4,810
Rent
$1,213
Cashflow
Cash Flow
$4,810 income − $3,597 expenses = $1,213 cash flow
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,499
Downpayment
20%
$62,380
Closing costs
1%
$3,119
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,810
Total Expenses
$3,597
Mortgage P&I
34%
$1,648
Property Taxes
4%
$199
Home Insurance
2%
$116
HOA
0%
$0
Property Management
12%
$577
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$529