This property could be a profitable Mid-Term investment with a projected 32.07% first-year return on $68,400 initial cash invested.
32.07%
Cash On Cash
16.95%
Cap Rate
2.5
DSCR
$5,110
Rent
$1,828
Cashflow
Cash Flow
$5,110 income − $3,282 expenses = $1,828 cash flow
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$5,110
Total Expenses
$3,282
Mortgage P&I
27%
$1,358
Property Taxes
2%
$104
Home Insurance
2%
$84
HOA
0%
$0
Property Management
12%
$613
CapEx
4%
$204
Vacancy
3%
$153
Maintenance
4%
$204
Other
11%
$562