This property could be a profitable Mid-Term investment with a projected 22.27% first-year return on $90,996 initial cash invested.
22.27%
Cash On Cash
12.82%
Cap Rate
2.07
DSCR
$5,757
Rent
$1,689
Cashflow
Cash Flow
$5,757 income − $4,068 expenses = $1,689 cash flow
Investment Breakdown
|
Purchase Price
$348k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,996
Downpayment
20%
$69,520
Closing costs
1%
$3,476
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,757
Total Expenses
$4,068
Mortgage P&I
31%
$1,794
Property Taxes
3%
$189
Home Insurance
2%
$128
HOA
0%
$0
Property Management
12%
$691
CapEx
4%
$230
Vacancy
3%
$173
Maintenance
4%
$230
Other
11%
$633