This property could be a profitable Mid-Term investment with a projected 14.27% first-year return on $90,492 initial cash invested.
14.27%
Cash On Cash
11.02%
Cap Rate
1.67
DSCR
$4,924
Rent
$1,076
Cashflow
Cash Flow
$4,924 income − $3,848 expenses = $1,076 cash flow
Investment Breakdown
|
Purchase Price
$345k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,492
Downpayment
20%
$69,040
Closing costs
1%
$3,452
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,924
Total Expenses
$3,848
Mortgage P&I
39%
$1,896
Property Taxes
3%
$151
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$591
CapEx
4%
$197
Vacancy
3%
$148
Maintenance
4%
$197
Other
11%
$542