This property could be a profitable Mid-Term investment with a projected 10.66% first-year return on $100k initial cash invested.
10.66%
Cash On Cash
9.98%
Cap Rate
1.5
DSCR
$5,028
Rent
$889
Cashflow
Cash Flow
$5,028 income − $4,139 expenses = $889 cash flow
Investment Breakdown
|
Purchase Price
$391k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,180
Closing costs
1%
$3,909
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,028
Total Expenses
$4,139
Mortgage P&I
43%
$2,160
Property Taxes
3%
$128
Home Insurance
3%
$142
HOA
0%
$0
Property Management
12%
$603
CapEx
4%
$201
Vacancy
3%
$151
Maintenance
4%
$201
Other
11%
$553