This property could be a profitable Mid-Term investment with a projected 12.17% first-year return on $75,540 initial cash invested.
12.17%
Cash On Cash
10.48%
Cap Rate
1.61
DSCR
$3,632
Rent
$766
Cashflow
Cash Flow
$3,632 income − $2,866 expenses = $766 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,540
Downpayment
20%
$54,800
Closing costs
1%
$2,740
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,632
Total Expenses
$2,866
Mortgage P&I
41%
$1,483
Property Taxes
1%
$52
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$436
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$400