This property could be a profitable Mid-Term investment with a projected 15.19% first-year return on $80,979 initial cash invested.
15.19%
Cash On Cash
11.09%
Cap Rate
1.81
DSCR
$5,409
Rent
$1,025
Cashflow
Cash Flow
$5,409 income − $4,384 expenses = $1,025 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$5,409
Total Expenses
$4,384
Mortgage P&I
28%
$1,531
Property Taxes
17%
$910
Home Insurance
2%
$105
HOA
0%
$0
Property Management
12%
$649
CapEx
4%
$216
Vacancy
3%
$162
Maintenance
4%
$216
Other
11%
$595