This property could be a profitable Mid-Term investment with a projected 12.71% first-year return on $129k initial cash invested.
12.71%
Cash On Cash
10.47%
Cap Rate
1.67
DSCR
$6,987
Rent
$1,361
Cashflow
Cash Flow
$6,987 income − $5,626 expenses = $1,361 cash flow
Investment Breakdown
|
Purchase Price
$469k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$93,840
Closing costs
1%
$4,692
Rehab
0%
$0
Furnishing
6%
$30,000
Cashflow
Total Income
$6,987
Total Expenses
$5,626
Mortgage P&I
35%
$2,454
Property Taxes
9%
$633
Home Insurance
2%
$164
HOA
0%
$0
Property Management
12%
$838
CapEx
4%
$279
Vacancy
3%
$210
Maintenance
4%
$279
Other
11%
$769