This property could be a profitable Mid-Term investment with a projected 11.96% first-year return on $102k initial cash invested.
11.96%
Cash On Cash
10.3%
Cap Rate
1.58
DSCR
$6,056
Rent
$1,016
Cashflow
Cash Flow
$6,056 income − $5,040 expenses = $1,016 cash flow
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$79,980
Closing costs
1%
$3,999
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$6,056
Total Expenses
$5,040
Mortgage P&I
36%
$2,174
Property Taxes
11%
$667
Home Insurance
2%
$140
HOA
0%
$0
Property Management
12%
$727
CapEx
4%
$242
Vacancy
3%
$182
Maintenance
4%
$242
Other
11%
$666