This property could be a profitable Mid-Term investment with a projected 10.73% first-year return on $108k initial cash invested.
10.73%
Cash On Cash
10.07%
Cap Rate
1.51
DSCR
$6,116
Rent
$968
Cashflow
Cash Flow
$6,116 income − $5,148 expenses = $968 cash flow
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$86,000
Closing costs
1%
$4,300
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$6,116
Total Expenses
$5,148
Mortgage P&I
39%
$2,396
Property Taxes
9%
$522
Home Insurance
2%
$150
HOA
0%
$0
Property Management
12%
$734
CapEx
4%
$245
Vacancy
3%
$183
Maintenance
4%
$245
Other
11%
$673