This property could be a profitable Mid-Term investment with a projected 11.98% first-year return on $82,050 initial cash invested.
11.98%
Cash On Cash
10.05%
Cap Rate
1.64
DSCR
$4,532
Rent
$819
Cashflow
Cash Flow
$4,532 income − $3,713 expenses = $819 cash flow
Investment Breakdown
|
Purchase Price
$305k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,050
Downpayment
20%
$61,000
Closing costs
1%
$3,050
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,532
Total Expenses
$3,713
Mortgage P&I
34%
$1,554
Property Taxes
11%
$509
Home Insurance
2%
$107
HOA
0%
$2
Property Management
12%
$544
CapEx
4%
$181
Vacancy
3%
$136
Maintenance
4%
$181
Other
11%
$499