This property could be a profitable Mid-Term investment with a projected 13.98% first-year return on $96,414 initial cash invested.
13.98%
Cash On Cash
11.04%
Cap Rate
1.66
DSCR
$5,998
Rent
$1,123
Cashflow
Cash Flow
$5,998 income − $4,875 expenses = $1,123 cash flow
Investment Breakdown
|
Purchase Price
$373k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,414
Downpayment
20%
$74,680
Closing costs
1%
$3,734
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,998
Total Expenses
$4,875
Mortgage P&I
35%
$2,072
Property Taxes
11%
$630
Home Insurance
2%
$133
HOA
0%
$0
Property Management
12%
$720
CapEx
4%
$240
Vacancy
3%
$180
Maintenance
4%
$240
Other
11%
$660