This property could be a profitable Mid-Term investment with a projected 10.09% first-year return on $76,674 initial cash invested.
10.09%
Cash On Cash
9.82%
Cap Rate
1.53
DSCR
$3,712
Rent
$645
Cashflow
Cash Flow
$3,712 income − $3,067 expenses = $645 cash flow
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,674
Downpayment
20%
$55,880
Closing costs
1%
$2,794
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,712
Total Expenses
$3,067
Mortgage P&I
40%
$1,494
Property Taxes
6%
$212
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$445
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$408