This property could be a profitable Mid-Term investment with a projected 13.1% first-year return on $84,570 initial cash invested.
13.1%
Cash On Cash
10.26%
Cap Rate
1.67
DSCR
$4,224
Rent
$923
Cashflow
Cash Flow
$4,224 income − $3,301 expenses = $923 cash flow
Investment Breakdown
|
Purchase Price
$317k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,570
Downpayment
20%
$63,400
Closing costs
1%
$3,170
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,224
Total Expenses
$3,301
Mortgage P&I
38%
$1,618
Property Taxes
3%
$135
Home Insurance
3%
$111
HOA
0%
$0
Property Management
12%
$507
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$465