This property could be a profitable Mid-Term investment with a projected 11.13% first-year return on $74,049 initial cash invested.
11.13%
Cash On Cash
10.29%
Cap Rate
1.58
DSCR
$3,933
Rent
$687
Cashflow
Cash Flow
$3,933 income − $3,246 expenses = $687 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,049
Downpayment
20%
$53,380
Closing costs
1%
$2,669
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,933
Total Expenses
$3,246
Mortgage P&I
37%
$1,444
Property Taxes
9%
$372
Home Insurance
2%
$93
HOA
0%
$0
Property Management
12%
$472
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$433