This property could be a profitable Mid-Term investment with a projected 19.65% first-year return on $74,700 initial cash invested.
19.65%
Cash On Cash
12.75%
Cap Rate
1.95
DSCR
$4,396
Rent
$1,223
Cashflow
Cash Flow
$4,396 income − $3,173 expenses = $1,223 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,700
Downpayment
20%
$54,000
Closing costs
1%
$2,700
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,396
Total Expenses
$3,173
Mortgage P&I
33%
$1,469
Property Taxes
3%
$114
Home Insurance
2%
$94
HOA
0%
$0
Property Management
12%
$528
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$484