This property could be a profitable Mid-Term investment with a projected 10.89% first-year return on $96,960 initial cash invested.
10.89%
Cash On Cash
9.91%
Cap Rate
1.54
DSCR
$5,196
Rent
$880
Cashflow
Cash Flow
$5,196 income − $4,316 expenses = $880 cash flow
Investment Breakdown
|
Purchase Price
$376k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,960
Downpayment
20%
$75,200
Closing costs
1%
$3,760
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,196
Total Expenses
$4,316
Mortgage P&I
39%
$2,017
Property Taxes
8%
$405
Home Insurance
2%
$126
HOA
0%
$0
Property Management
12%
$624
CapEx
4%
$208
Vacancy
3%
$156
Maintenance
4%
$208
Other
11%
$572