This property could be a profitable Mid-Term investment with a projected 17.7% first-year return on $75,750 initial cash invested.
17.7%
Cash On Cash
11.9%
Cap Rate
1.9
DSCR
$4,460
Rent
$1,117
Cashflow
Cash Flow
$4,460 income − $3,343 expenses = $1,117 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,460
Total Expenses
$3,343
Mortgage P&I
32%
$1,432
Property Taxes
7%
$297
Home Insurance
2%
$98
HOA
0%
$0
Property Management
12%
$535
CapEx
4%
$178
Vacancy
3%
$134
Maintenance
4%
$178
Other
11%
$491