This property could be a profitable Mid-Term investment with a projected 10.66% first-year return on $75,162 initial cash invested.
10.66%
Cash On Cash
9.87%
Cap Rate
1.57
DSCR
$3,530
Rent
$668
Cashflow
Cash Flow
$3,530 income − $2,862 expenses = $668 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,162
Downpayment
20%
$54,440
Closing costs
1%
$2,722
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,530
Total Expenses
$2,862
Mortgage P&I
41%
$1,430
Property Taxes
4%
$136
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388