This property could be a profitable Mid-Term investment with a projected 11.39% first-year return on $83,940 initial cash invested.
11.39%
Cash On Cash
9.79%
Cap Rate
1.6
DSCR
$4,179
Rent
$797
Cashflow
Cash Flow
$4,179 income − $3,382 expenses = $797 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,940
Downpayment
20%
$62,800
Closing costs
1%
$3,140
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,179
Total Expenses
$3,382
Mortgage P&I
38%
$1,597
Property Taxes
6%
$253
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$501
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$460