This property could be a profitable Mid-Term investment with a projected 10.64% first-year return on $87,783 initial cash invested.
10.64%
Cash On Cash
9.63%
Cap Rate
1.56
DSCR
$4,422
Rent
$778
Cashflow
Cash Flow
$4,422 income − $3,644 expenses = $778 cash flow
Investment Breakdown
|
Purchase Price
$332k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,783
Downpayment
20%
$66,460
Closing costs
1%
$3,323
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,422
Total Expenses
$3,644
Mortgage P&I
39%
$1,713
Property Taxes
6%
$275
Home Insurance
3%
$152
HOA
0%
$0
Property Management
12%
$531
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$486