This property could be a profitable Mid-Term investment with a projected 27.43% first-year return on $74,490 initial cash invested.
27.43%
Cash On Cash
14.82%
Cap Rate
2.4
DSCR
$5,854
Rent
$1,703
Cashflow
Cash Flow
$5,854 income − $4,151 expenses = $1,703 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$5,854
Total Expenses
$4,151
Mortgage P&I
24%
$1,386
Property Taxes
12%
$681
Home Insurance
2%
$94
HOA
0%
$0
Property Management
12%
$702
CapEx
4%
$234
Vacancy
3%
$176
Maintenance
4%
$234
Other
11%
$644