This property could be a profitable Mid-Term investment with a projected 11.68% first-year return on $75,813 initial cash invested.
11.68%
Cash On Cash
10.05%
Cap Rate
1.62
DSCR
$3,676
Rent
$738
Cashflow
Cash Flow
$3,676 income − $2,938 expenses = $738 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,813
Downpayment
20%
$55,060
Closing costs
1%
$2,753
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,676
Total Expenses
$2,938
Mortgage P&I
39%
$1,420
Property Taxes
4%
$162
Home Insurance
3%
$107
HOA
0%
$0
Property Management
12%
$441
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404