This property could be a profitable Mid-Term investment with a projected 13.18% first-year return on $86,250 initial cash invested.
13.18%
Cash On Cash
10.54%
Cap Rate
1.64
DSCR
$4,290
Rent
$947
Cashflow
Cash Flow
$4,290 income − $3,343 expenses = $947 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,290
Total Expenses
$3,343
Mortgage P&I
40%
$1,735
Property Taxes
1%
$34
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$515
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$472