This property could be a profitable Mid-Term investment with a projected 11.92% first-year return on $95,028 initial cash invested.
11.92%
Cash On Cash
10.03%
Cap Rate
1.61
DSCR
$5,404
Rent
$944
Cashflow
Cash Flow
$5,404 income − $4,460 expenses = $944 cash flow
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,028
Downpayment
20%
$73,360
Closing costs
1%
$3,668
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,404
Total Expenses
$4,460
Mortgage P&I
35%
$1,906
Property Taxes
11%
$583
Home Insurance
3%
$135
HOA
0%
$0
Property Management
12%
$648
CapEx
4%
$216
Vacancy
3%
$162
Maintenance
4%
$216
Other
11%
$594