This property could be a profitable Mid-Term investment with a projected 11.39% first-year return on $76,800 initial cash invested.
11.39%
Cash On Cash
10.23%
Cap Rate
1.6
DSCR
$4,184
Rent
$729
Cashflow
Cash Flow
$4,184 income − $3,455 expenses = $729 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,184
Total Expenses
$3,455
Mortgage P&I
36%
$1,491
Property Taxes
11%
$444
Home Insurance
2%
$98
HOA
0%
$0
Property Management
12%
$502
CapEx
4%
$167
Vacancy
3%
$126
Maintenance
4%
$167
Other
11%
$460