This property could be a profitable Mid-Term investment with a projected 10.53% first-year return on $90,114 initial cash invested.
10.53%
Cash On Cash
10.05%
Cap Rate
1.52
DSCR
$4,904
Rent
$791
Cashflow
Cash Flow
$4,904 income − $4,113 expenses = $791 cash flow
Investment Breakdown
|
Purchase Price
$343k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,114
Downpayment
20%
$68,680
Closing costs
1%
$3,434
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,904
Total Expenses
$4,113
Mortgage P&I
39%
$1,889
Property Taxes
9%
$436
Home Insurance
2%
$122
HOA
0%
$0
Property Management
12%
$588
CapEx
4%
$196
Vacancy
3%
$147
Maintenance
4%
$196
Other
11%
$539