This property could be a profitable Mid-Term investment with a projected 17.4% first-year return on $83,919 initial cash invested.
17.4%
Cash On Cash
12.01%
Cap Rate
1.82
DSCR
$5,037
Rent
$1,217
Cashflow
Cash Flow
$5,037 income − $3,820 expenses = $1,217 cash flow
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,919
Downpayment
20%
$62,780
Closing costs
1%
$3,139
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$5,037
Total Expenses
$3,820
Mortgage P&I
34%
$1,724
Property Taxes
5%
$254
Home Insurance
2%
$114
HOA
0%
$17
Property Management
12%
$604
CapEx
4%
$201
Vacancy
3%
$151
Maintenance
4%
$201
Other
11%
$554