This property could be a profitable Mid-Term investment with a projected 17.67% first-year return on $84,129 initial cash invested.
17.67%
Cash On Cash
12.2%
Cap Rate
1.84
DSCR
$5,613
Rent
$1,239
Cashflow
Cash Flow
$5,613 income − $4,374 expenses = $1,239 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,129
Downpayment
20%
$62,980
Closing costs
1%
$3,149
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$5,613
Total Expenses
$4,374
Mortgage P&I
31%
$1,738
Property Taxes
11%
$617
Home Insurance
2%
$110
HOA
0%
$0
Property Management
12%
$674
CapEx
4%
$225
Vacancy
3%
$168
Maintenance
4%
$225
Other
11%
$617