This property could be a profitable Mid-Term investment with a projected 10.82% first-year return on $83,079 initial cash invested.
10.82%
Cash On Cash
10.12%
Cap Rate
1.56
DSCR
$4,688
Rent
$749
Cashflow
Cash Flow
$4,688 income − $3,939 expenses = $749 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,079
Downpayment
20%
$61,980
Closing costs
1%
$3,099
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,688
Total Expenses
$3,939
Mortgage P&I
36%
$1,676
Property Taxes
12%
$562
Home Insurance
2%
$105
HOA
0%
$0
Property Management
12%
$563
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$516