This property could be a profitable Mid-Term investment with a projected 14.55% first-year return on $73,650 initial cash invested.
14.55%
Cash On Cash
10.79%
Cap Rate
1.78
DSCR
$3,753
Rent
$893
Cashflow
Cash Flow
$3,753 income − $2,860 expenses = $893 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,753
Total Expenses
$2,860
Mortgage P&I
36%
$1,339
Property Taxes
4%
$152
Home Insurance
2%
$93
HOA
0%
$0
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$113
Maintenance
4%
$150
Other
11%
$413