This property could be a profitable Mid-Term investment with a projected 13.51% first-year return on $79,488 initial cash invested.
13.51%
Cash On Cash
10.59%
Cap Rate
1.7
DSCR
$4,274
Rent
$895
Cashflow
Cash Flow
$4,274 income − $3,379 expenses = $895 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,488
Downpayment
20%
$58,560
Closing costs
1%
$2,928
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,274
Total Expenses
$3,379
Mortgage P&I
36%
$1,519
Property Taxes
8%
$337
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$513
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$470