This property could be a profitable Mid-Term investment with a projected 12.77% first-year return on $70,500 initial cash invested.
12.77%
Cash On Cash
10.89%
Cap Rate
1.65
DSCR
$3,590
Rent
$750
Cashflow
Cash Flow
$3,590 income − $2,840 expenses = $750 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,590
Total Expenses
$2,840
Mortgage P&I
38%
$1,375
Property Taxes
4%
$155
Home Insurance
2%
$88
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395