This property could be a profitable Mid-Term investment with a projected 13.48% first-year return on $101k initial cash invested.
13.48%
Cash On Cash
10.59%
Cap Rate
1.65
DSCR
$6,028
Rent
$1,135
Cashflow
Cash Flow
$6,028 income − $4,893 expenses = $1,135 cash flow
Investment Breakdown
|
Purchase Price
$396k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$79,100
Closing costs
1%
$3,955
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$6,028
Total Expenses
$4,893
Mortgage P&I
35%
$2,113
Property Taxes
10%
$575
Home Insurance
2%
$140
HOA
0%
$16
Property Management
12%
$723
CapEx
4%
$241
Vacancy
3%
$181
Maintenance
4%
$241
Other
11%
$663