This property could be a profitable Mid-Term investment with a projected 11.85% first-year return on $72,684 initial cash invested.
11.85%
Cash On Cash
10.78%
Cap Rate
1.6
DSCR
$3,880
Rent
$718
Cashflow
Cash Flow
$3,880 income − $3,162 expenses = $718 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,684
Downpayment
20%
$52,080
Closing costs
1%
$2,604
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,880
Total Expenses
$3,162
Mortgage P&I
38%
$1,467
Property Taxes
7%
$285
Home Insurance
2%
$91
HOA
0%
$0
Property Management
12%
$466
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$427