This property could be a profitable Mid-Term investment with a projected 11.62% first-year return on $68,652 initial cash invested.
11.62%
Cash On Cash
10.37%
Cap Rate
1.62
DSCR
$3,408
Rent
$665
Cashflow
Cash Flow
$3,408 income − $2,743 expenses = $665 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,652
Downpayment
20%
$48,240
Closing costs
1%
$2,412
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,408
Total Expenses
$2,743
Mortgage P&I
38%
$1,284
Property Taxes
7%
$222
Home Insurance
2%
$79
HOA
0%
$0
Property Management
12%
$409
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$375