This property could be a profitable Mid-Term investment with a projected 15.61% first-year return on $104k initial cash invested.
15.61%
Cash On Cash
10.58%
Cap Rate
1.77
DSCR
$5,578
Rent
$1,354
Cashflow
Cash Flow
$5,578 income − $4,224 expenses = $1,354 cash flow
Investment Breakdown
|
Purchase Price
$410k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,980
Closing costs
1%
$4,099
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,578
Total Expenses
$4,224
Mortgage P&I
37%
$2,037
Property Taxes
3%
$147
Home Insurance
3%
$144
HOA
0%
$0
Property Management
12%
$669
CapEx
4%
$223
Vacancy
3%
$167
Maintenance
4%
$223
Other
11%
$614