This property could be a profitable Mid-Term investment with a projected 36.89% first-year return on $60,271 initial cash invested.
36.89%
Cash On Cash
15.09%
Cap Rate
2.37
DSCR
$5,835
Rent
$1,853
Cashflow
Cash Flow
$5,835 income − $3,982 expenses = $1,853 cash flow
Investment Breakdown
|
Purchase Price
$287k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,271
Downpayment
20%
$57,400
Closing costs
1%
$2,870
Rehab
0%
$0
Furnishing
0%
$1
Cashflow
Total Income
$5,835
Total Expenses
$3,982
Mortgage P&I
26%
$1,523
Property Taxes
7%
$404
Home Insurance
1%
$72
HOA
0%
$0
Property Management
12%
$700
CapEx
4%
$233
Vacancy
3%
$175
Maintenance
4%
$233
Other
11%
$642