This property could be a profitable Mid-Term investment with a projected 12.2% first-year return on $84,213 initial cash invested.
12.2%
Cash On Cash
10.17%
Cap Rate
1.65
DSCR
$5,037
Rent
$856
Cashflow
Cash Flow
$5,037 income − $4,181 expenses = $856 cash flow
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,213
Downpayment
20%
$63,060
Closing costs
1%
$3,153
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$5,037
Total Expenses
$4,181
Mortgage P&I
32%
$1,615
Property Taxes
15%
$741
Home Insurance
2%
$114
HOA
0%
$0
Property Management
12%
$604
CapEx
4%
$201
Vacancy
3%
$151
Maintenance
4%
$201
Other
11%
$554