This property could be a profitable Mid-Term investment with a projected 10.13% first-year return on $68,925 initial cash invested.
10.13%
Cash On Cash
9.84%
Cap Rate
1.56
DSCR
$3,297
Rent
$582
Cashflow
Cash Flow
$3,297 income − $2,715 expenses = $582 cash flow
Investment Breakdown
|
Purchase Price
$243k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,925
Downpayment
20%
$48,500
Closing costs
1%
$2,425
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,297
Total Expenses
$2,715
Mortgage P&I
39%
$1,274
Property Taxes
7%
$234
Home Insurance
3%
$85
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363