This property could be a profitable Mid-Term investment with a projected 13.97% first-year return on $70,878 initial cash invested.
13.97%
Cash On Cash
11.12%
Cap Rate
1.72
DSCR
$3,777
Rent
$825
Cashflow
Cash Flow
$3,777 income − $2,952 expenses = $825 cash flow
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,878
Downpayment
20%
$50,360
Closing costs
1%
$2,518
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,777
Total Expenses
$2,952
Mortgage P&I
36%
$1,357
Property Taxes
6%
$223
Home Insurance
2%
$89
HOA
0%
$0
Property Management
12%
$453
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$415