This property could be a profitable Mid-Term investment with a projected 14.15% first-year return on $75,580 initial cash invested.
14.15%
Cash On Cash
10.03%
Cap Rate
1.57
DSCR
$5,162
Rent
$891
Cashflow
Cash Flow
$5,162 income − $4,271 expenses = $891 cash flow
Investment Breakdown
|
Purchase Price
$360k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,580
Downpayment
20%
$71,980
Closing costs
1%
$3,599
Rehab
0%
$0
Furnishing
0%
$1
Cashflow
Total Income
$5,162
Total Expenses
$4,271
Mortgage P&I
37%
$1,911
Property Taxes
10%
$516
Home Insurance
2%
$90
HOA
0%
$0
Property Management
12%
$619
CapEx
4%
$206
Vacancy
3%
$155
Maintenance
4%
$206
Other
11%
$568