This property could be a profitable Mid-Term investment with a projected 13.6% first-year return on $72,243 initial cash invested.
13.6%
Cash On Cash
11.01%
Cap Rate
1.7
DSCR
$3,838
Rent
$819
Cashflow
Cash Flow
$3,838 income − $3,019 expenses = $819 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,243
Downpayment
20%
$51,660
Closing costs
1%
$2,583
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,838
Total Expenses
$3,019
Mortgage P&I
36%
$1,397
Property Taxes
6%
$225
Home Insurance
2%
$91
HOA
0%
$0
Property Management
12%
$461
CapEx
4%
$154
Vacancy
3%
$115
Maintenance
4%
$154
Other
11%
$422