This property could be a profitable Mid-Term investment with a projected 10.39% first-year return on $83,478 initial cash invested.
10.39%
Cash On Cash
9.97%
Cap Rate
1.53
DSCR
$4,296
Rent
$723
Cashflow
Cash Flow
$4,296 income − $3,573 expenses = $723 cash flow
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,478
Downpayment
20%
$62,360
Closing costs
1%
$3,118
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,296
Total Expenses
$3,573
Mortgage P&I
39%
$1,696
Property Taxes
7%
$304
Home Insurance
3%
$111
HOA
0%
$0
Property Management
12%
$516
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$473