This property could be a profitable Mid-Term investment with a projected 36.32% first-year return on $76,842 initial cash invested.
36.32%
Cash On Cash
17.39%
Cap Rate
2.76
DSCR
$6,656
Rent
$2,326
Cashflow
Cash Flow
$6,656 income − $4,330 expenses = $2,326 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,842
Downpayment
20%
$56,040
Closing costs
1%
$2,802
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$6,656
Total Expenses
$4,330
Mortgage P&I
22%
$1,469
Property Taxes
7%
$458
Home Insurance
2%
$140
HOA
0%
$0
Property Management
12%
$799
CapEx
4%
$266
Vacancy
3%
$200
Maintenance
4%
$266
Other
11%
$732