This property could be a profitable Mid-Term investment with a projected 21.33% first-year return on $80,790 initial cash invested.
21.33%
Cash On Cash
13.32%
Cap Rate
2
DSCR
$5,553
Rent
$1,436
Cashflow
Cash Flow
$5,553 income − $4,117 expenses = $1,436 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$5,553
Total Expenses
$4,117
Mortgage P&I
30%
$1,661
Property Taxes
8%
$432
Home Insurance
2%
$136
HOA
0%
$0
Property Management
12%
$666
CapEx
4%
$222
Vacancy
3%
$167
Maintenance
4%
$222
Other
11%
$611