This property could be a profitable Mid-Term investment with a projected 15.67% first-year return on $76,359 initial cash invested.
15.67%
Cash On Cash
11.3%
Cap Rate
1.8
DSCR
$4,212
Rent
$997
Cashflow
Cash Flow
$4,212 income − $3,215 expenses = $997 cash flow
Investment Breakdown
|
Purchase Price
$278k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,359
Downpayment
20%
$55,580
Closing costs
1%
$2,779
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,212
Total Expenses
$3,215
Mortgage P&I
34%
$1,452
Property Taxes
0%
$18
Home Insurance
7%
$315
HOA
0%
$0
Property Management
12%
$505
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$463