This property could be a profitable Mid-Term investment with a projected 12.75% first-year return on $77,073 initial cash invested.
12.75%
Cash On Cash
10.82%
Cap Rate
1.64
DSCR
$4,190
Rent
$819
Cashflow
Cash Flow
$4,190 income − $3,371 expenses = $819 cash flow
Investment Breakdown
|
Purchase Price
$281k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,073
Downpayment
20%
$56,260
Closing costs
1%
$2,813
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,190
Total Expenses
$3,371
Mortgage P&I
37%
$1,550
Property Taxes
7%
$295
Home Insurance
2%
$100
HOA
0%
$0
Property Management
12%
$503
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$461