This property could be a profitable Mid-Term investment with a projected 11.42% first-year return on $99,270 initial cash invested.
11.42%
Cash On Cash
10.23%
Cap Rate
1.54
DSCR
$5,331
Rent
$945
Cashflow
Cash Flow
$5,331 income − $4,386 expenses = $945 cash flow
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,270
Downpayment
20%
$77,400
Closing costs
1%
$3,870
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,331
Total Expenses
$4,386
Mortgage P&I
40%
$2,141
Property Taxes
5%
$272
Home Insurance
3%
$140
HOA
0%
$21
Property Management
12%
$640
CapEx
4%
$213
Vacancy
3%
$160
Maintenance
4%
$213
Other
11%
$586