This property could be a profitable Mid-Term investment with a projected 16.41% first-year return on $80,496 initial cash invested.
16.41%
Cash On Cash
11.71%
Cap Rate
1.8
DSCR
$4,790
Rent
$1,101
Cashflow
Cash Flow
$4,790 income − $3,689 expenses = $1,101 cash flow
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,496
Downpayment
20%
$59,520
Closing costs
1%
$2,976
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,790
Total Expenses
$3,689
Mortgage P&I
34%
$1,612
Property Taxes
7%
$339
Home Insurance
2%
$108
HOA
0%
$0
Property Management
12%
$575
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$527