This property could be a profitable Mid-Term investment with a projected 16.89% first-year return on $71,676 initial cash invested.
16.89%
Cash On Cash
12.35%
Cap Rate
1.84
DSCR
$4,772
Rent
$1,009
Cashflow
Cash Flow
$4,772 income − $3,763 expenses = $1,009 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,676
Downpayment
20%
$51,120
Closing costs
1%
$2,556
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,772
Total Expenses
$3,763
Mortgage P&I
30%
$1,430
Property Taxes
13%
$619
Home Insurance
2%
$91
HOA
0%
$0
Property Management
12%
$573
CapEx
4%
$191
Vacancy
3%
$143
Maintenance
4%
$191
Other
11%
$525