This property could be a profitable Mid-Term investment with a projected 10.13% first-year return on $81,000 initial cash invested.
10.13%
Cash On Cash
10.16%
Cap Rate
1.52
DSCR
$4,698
Rent
$684
Cashflow
Cash Flow
$4,698 income − $4,014 expenses = $684 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,000
Downpayment
20%
$60,000
Closing costs
1%
$3,000
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,698
Total Expenses
$4,014
Mortgage P&I
35%
$1,667
Property Taxes
14%
$644
Home Insurance
2%
$105
HOA
0%
$0
Property Management
12%
$564
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$517