This property could be a profitable Mid-Term investment with a projected 17.25% first-year return on $116k initial cash invested.
17.25%
Cash On Cash
11.54%
Cap Rate
1.76
DSCR
$6,850
Rent
$1,674
Cashflow
Cash Flow
$6,850 income − $5,176 expenses = $1,674 cash flow
Investment Breakdown
|
Purchase Price
$469k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,740
Closing costs
1%
$4,687
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$6,850
Total Expenses
$5,176
Mortgage P&I
37%
$2,558
Property Taxes
2%
$130
Home Insurance
2%
$158
HOA
0%
$0
Property Management
12%
$822
CapEx
4%
$274
Vacancy
3%
$206
Maintenance
4%
$274
Other
11%
$754