This property could be a profitable Mid-Term investment with a projected 10.95% first-year return on $79,641 initial cash invested.
10.95%
Cash On Cash
10.01%
Cap Rate
1.51
DSCR
$4,364
Rent
$727
Cashflow
Cash Flow
$4,364 income − $3,637 expenses = $727 cash flow
Investment Breakdown
|
Purchase Price
$322k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,641
Downpayment
20%
$64,420
Closing costs
1%
$3,221
Rehab
0%
$0
Furnishing
4%
$12,000
Cashflow
Total Income
$4,364
Total Expenses
$3,637
Mortgage P&I
41%
$1,784
Property Taxes
6%
$255
Home Insurance
3%
$113
HOA
0%
$0
Property Management
12%
$524
CapEx
4%
$175
Vacancy
3%
$131
Maintenance
4%
$175
Other
11%
$480