This property could be a profitable Mid-Term investment with a projected 11.33% first-year return on $78,144 initial cash invested.
11.33%
Cash On Cash
10.03%
Cap Rate
1.6
DSCR
$3,969
Rent
$738
Cashflow
Cash Flow
$3,969 income − $3,231 expenses = $738 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,144
Downpayment
20%
$57,280
Closing costs
1%
$2,864
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,969
Total Expenses
$3,231
Mortgage P&I
38%
$1,496
Property Taxes
8%
$305
Home Insurance
2%
$80
HOA
0%
$0
Property Management
12%
$476
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437