This property could be a profitable Mid-Term investment with a projected 21.94% first-year return on $82,218 initial cash invested.
21.94%
Cash On Cash
13.18%
Cap Rate
2.05
DSCR
$5,394
Rent
$1,503
Cashflow
Cash Flow
$5,394 income − $3,891 expenses = $1,503 cash flow
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,218
Downpayment
20%
$61,160
Closing costs
1%
$3,058
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$5,394
Total Expenses
$3,891
Mortgage P&I
30%
$1,640
Property Taxes
6%
$307
Home Insurance
2%
$110
HOA
0%
$0
Property Management
12%
$647
CapEx
4%
$216
Vacancy
3%
$162
Maintenance
4%
$216
Other
11%
$593