This property could be a profitable Mid-Term investment with a projected 13% first-year return on $76,779 initial cash invested.
13%
Cash On Cash
10.74%
Cap Rate
1.66
DSCR
$4,089
Rent
$832
Cashflow
Cash Flow
$4,089 income − $3,257 expenses = $832 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,779
Downpayment
20%
$55,980
Closing costs
1%
$2,799
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,089
Total Expenses
$3,257
Mortgage P&I
37%
$1,509
Property Taxes
6%
$258
Home Insurance
2%
$98
HOA
0%
$0
Property Management
12%
$491
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$450