This property could be a profitable Mid-Term investment with a projected 11.13% first-year return on $90,240 initial cash invested.
11.13%
Cash On Cash
10.03%
Cap Rate
1.56
DSCR
$4,958
Rent
$837
Cashflow
Cash Flow
$4,958 income − $4,121 expenses = $837 cash flow
Investment Breakdown
|
Purchase Price
$344k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,240
Downpayment
20%
$68,800
Closing costs
1%
$3,440
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,958
Total Expenses
$4,121
Mortgage P&I
37%
$1,840
Property Taxes
9%
$470
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$595
CapEx
4%
$198
Vacancy
3%
$149
Maintenance
4%
$198
Other
11%
$545