This property could be a profitable Mid-Term investment with a projected 15.44% first-year return on $132k initial cash invested.
15.44%
Cash On Cash
10.82%
Cap Rate
1.7
DSCR
$7,797
Rent
$1,704
Cashflow
Cash Flow
$7,797 income − $6,093 expenses = $1,704 cash flow
Investment Breakdown
|
Purchase Price
$545k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$109k
Closing costs
1%
$5,451
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$7,797
Total Expenses
$6,093
Mortgage P&I
37%
$2,900
Property Taxes
4%
$336
Home Insurance
3%
$198
HOA
0%
$7
Property Management
12%
$936
CapEx
4%
$312
Vacancy
3%
$234
Maintenance
4%
$312
Other
11%
$858