This property could be a profitable Mid-Term investment with a projected 13.13% first-year return on $107k initial cash invested.
13.13%
Cash On Cash
10.55%
Cap Rate
1.62
DSCR
$6,303
Rent
$1,173
Cashflow
Cash Flow
$6,303 income − $5,130 expenses = $1,173 cash flow
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,980
Closing costs
1%
$4,249
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$6,303
Total Expenses
$5,130
Mortgage P&I
37%
$2,312
Property Taxes
5%
$323
Home Insurance
2%
$149
HOA
3%
$204
Property Management
12%
$756
CapEx
4%
$252
Vacancy
3%
$189
Maintenance
4%
$252
Other
11%
$693