This property could be a profitable Mid-Term investment with a projected 10.26% first-year return on $71,781 initial cash invested.
10.26%
Cash On Cash
9.72%
Cap Rate
1.56
DSCR
$3,164
Rent
$614
Cashflow
Cash Flow
$3,164 income − $2,550 expenses = $614 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,781
Downpayment
20%
$51,220
Closing costs
1%
$2,561
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,164
Total Expenses
$2,550
Mortgage P&I
42%
$1,334
Property Taxes
2%
$57
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$380
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$348