This property could be a profitable Mid-Term investment with a projected 14.8% first-year return on $89,274 initial cash invested.
14.8%
Cash On Cash
11.09%
Cap Rate
1.7
DSCR
$4,894
Rent
$1,101
Cashflow
Cash Flow
$4,894 income − $3,793 expenses = $1,101 cash flow
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,274
Downpayment
20%
$67,880
Closing costs
1%
$3,394
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,894
Total Expenses
$3,793
Mortgage P&I
38%
$1,841
Property Taxes
3%
$164
Home Insurance
3%
$124
HOA
0%
$0
Property Management
12%
$587
CapEx
4%
$196
Vacancy
3%
$147
Maintenance
4%
$196
Other
11%
$538