This property could be a profitable Mid-Term investment with a projected 15.1% first-year return on $80,979 initial cash invested.
15.1%
Cash On Cash
11.68%
Cap Rate
1.72
DSCR
$5,166
Rent
$1,019
Cashflow
Cash Flow
$5,166 income − $4,147 expenses = $1,019 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$5,166
Total Expenses
$4,147
Mortgage P&I
33%
$1,694
Property Taxes
11%
$591
Home Insurance
2%
$105
HOA
0%
$0
Property Management
12%
$620
CapEx
4%
$207
Vacancy
3%
$155
Maintenance
4%
$207
Other
11%
$568