This property could be a profitable Mid-Term investment with a projected 15.84% first-year return on $89,190 initial cash invested.
15.84%
Cash On Cash
11.08%
Cap Rate
1.82
DSCR
$5,794
Rent
$1,177
Cashflow
Cash Flow
$5,794 income − $4,617 expenses = $1,177 cash flow
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,190
Downpayment
20%
$67,800
Closing costs
1%
$3,390
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,794
Total Expenses
$4,617
Mortgage P&I
30%
$1,721
Property Taxes
14%
$807
Home Insurance
2%
$119
HOA
0%
$0
Property Management
12%
$695
CapEx
4%
$232
Vacancy
3%
$174
Maintenance
4%
$232
Other
11%
$637