This property could be a profitable Mid-Term investment with a projected 21.91% first-year return on $147k initial cash invested.
21.91%
Cash On Cash
12.64%
Cap Rate
1.91
DSCR
$10,158
Rent
$2,691
Cashflow
Cash Flow
$10,158 income − $7,467 expenses = $2,691 cash flow
Investment Breakdown
|
Purchase Price
$616k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$147k
Downpayment
20%
$123k
Closing costs
1%
$6,162
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$10,158
Total Expenses
$7,467
Mortgage P&I
33%
$3,393
Property Taxes
4%
$446
Home Insurance
2%
$175
HOA
0%
$0
Property Management
12%
$1,219
CapEx
4%
$406
Vacancy
3%
$305
Maintenance
4%
$406
Other
11%
$1,117