This property could be a profitable Mid-Term investment with a projected 12.27% first-year return on $77,829 initial cash invested.
12.27%
Cash On Cash
10.54%
Cap Rate
1.62
DSCR
$4,089
Rent
$796
Cashflow
Cash Flow
$4,089 income − $3,293 expenses = $796 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,829
Downpayment
20%
$56,980
Closing costs
1%
$2,849
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,089
Total Expenses
$3,293
Mortgage P&I
38%
$1,543
Property Taxes
6%
$242
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$491
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$450