This property could be a profitable Mid-Term investment with a projected 13.99% first-year return on $76,590 initial cash invested.
13.99%
Cash On Cash
11.23%
Cap Rate
1.7
DSCR
$4,580
Rent
$893
Cashflow
Cash Flow
$4,580 income − $3,687 expenses = $893 cash flow
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,590
Downpayment
20%
$55,800
Closing costs
1%
$2,790
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,580
Total Expenses
$3,687
Mortgage P&I
34%
$1,536
Property Taxes
11%
$496
Home Insurance
2%
$98
HOA
0%
$0
Property Management
12%
$550
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$504