This property could be a profitable Mid-Term investment with a projected 13.45% first-year return on $110k initial cash invested.
13.45%
Cash On Cash
10.54%
Cap Rate
1.63
DSCR
$6,340
Rent
$1,231
Cashflow
Cash Flow
$6,340 income − $5,109 expenses = $1,231 cash flow
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,440
Closing costs
1%
$4,372
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$6,340
Total Expenses
$5,109
Mortgage P&I
37%
$2,356
Property Taxes
7%
$439
Home Insurance
2%
$158
HOA
0%
$0
Property Management
12%
$761
CapEx
4%
$254
Vacancy
3%
$190
Maintenance
4%
$254
Other
11%
$697