This property could be a profitable Mid-Term investment with a projected 25.76% first-year return on $114k initial cash invested.
25.76%
Cash On Cash
13.84%
Cap Rate
2.11
DSCR
$8,214
Rent
$2,456
Cashflow
Cash Flow
$8,214 income − $5,758 expenses = $2,456 cash flow
Investment Breakdown
|
Purchase Price
$459k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$91,800
Closing costs
1%
$4,590
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$8,214
Total Expenses
$5,758
Mortgage P&I
31%
$2,507
Property Taxes
3%
$287
Home Insurance
2%
$170
HOA
0%
$0
Property Management
12%
$986
CapEx
4%
$329
Vacancy
3%
$246
Maintenance
4%
$329
Other
11%
$904