This property could be a profitable Mid-Term investment with a projected 29.9% first-year return on $91,815 initial cash invested.
29.9%
Cash On Cash
15.18%
Cap Rate
2.36
DSCR
$6,933
Rent
$2,288
Cashflow
Cash Flow
$6,933 income − $4,645 expenses = $2,288 cash flow
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,815
Downpayment
20%
$70,300
Closing costs
1%
$3,515
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$6,933
Total Expenses
$4,645
Mortgage P&I
27%
$1,882
Property Taxes
3%
$242
Home Insurance
2%
$164
HOA
0%
$0
Property Management
12%
$832
CapEx
4%
$277
Vacancy
3%
$208
Maintenance
4%
$277
Other
11%
$763