This property could be a profitable Mid-Term investment with a projected 16.23% first-year return on $72,390 initial cash invested.
16.23%
Cash On Cash
11.79%
Cap Rate
1.82
DSCR
$4,112
Rent
$979
Cashflow
Cash Flow
$4,112 income − $3,133 expenses = $979 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,112
Total Expenses
$3,133
Mortgage P&I
34%
$1,402
Property Taxes
6%
$244
Home Insurance
2%
$91
HOA
0%
$0
Property Management
12%
$493
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$452