This property could be a profitable Mid-Term investment with a projected 10.27% first-year return on $73,629 initial cash invested.
10.27%
Cash On Cash
9.73%
Cap Rate
1.55
DSCR
$3,394
Rent
$630
Cashflow
Cash Flow
$3,394 income − $2,764 expenses = $630 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,394
Total Expenses
$2,764
Mortgage P&I
41%
$1,381
Property Taxes
4%
$133
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$407
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$373