This property could be a profitable Mid-Term investment with a projected 12.64% first-year return on $81,294 initial cash invested.
12.64%
Cash On Cash
10.51%
Cap Rate
1.64
DSCR
$4,308
Rent
$856
Cashflow
Cash Flow
$4,308 income − $3,452 expenses = $856 cash flow
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,294
Downpayment
20%
$60,280
Closing costs
1%
$3,014
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,308
Total Expenses
$3,452
Mortgage P&I
37%
$1,612
Property Taxes
6%
$268
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$517
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$474