This property could be a profitable Mid-Term investment with a projected 10.08% first-year return on $72,390 initial cash invested.
10.08%
Cash On Cash
9.81%
Cap Rate
1.54
DSCR
$3,255
Rent
$608
Cashflow
Cash Flow
$3,255 income − $2,647 expenses = $608 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,255
Total Expenses
$2,647
Mortgage P&I
42%
$1,379
Property Taxes
2%
$70
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$391
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358