This property could be a profitable Mid-Term investment with a projected 14.52% first-year return on $105k initial cash invested.
14.52%
Cash On Cash
10.74%
Cap Rate
1.69
DSCR
$6,108
Rent
$1,272
Cashflow
Cash Flow
$6,108 income − $4,836 expenses = $1,272 cash flow
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$82,980
Closing costs
1%
$4,149
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$6,108
Total Expenses
$4,836
Mortgage P&I
36%
$2,197
Property Taxes
7%
$414
Home Insurance
2%
$149
HOA
0%
$0
Property Management
12%
$733
CapEx
4%
$244
Vacancy
3%
$183
Maintenance
4%
$244
Other
11%
$672