This property could be a profitable Mid-Term investment with a projected 10.14% first-year return on $99,837 initial cash invested.
10.14%
Cash On Cash
9.77%
Cap Rate
1.49
DSCR
$5,160
Rent
$844
Cashflow
Cash Flow
$5,160 income − $4,316 expenses = $844 cash flow
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,837
Downpayment
20%
$77,940
Closing costs
1%
$3,897
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,160
Total Expenses
$4,316
Mortgage P&I
41%
$2,124
Property Taxes
6%
$300
Home Insurance
3%
$138
HOA
0%
$0
Property Management
12%
$619
CapEx
4%
$206
Vacancy
3%
$155
Maintenance
4%
$206
Other
11%
$568