This property could be a profitable Mid-Term investment with a projected 19.47% first-year return on $79,488 initial cash invested.
19.47%
Cash On Cash
12.8%
Cap Rate
1.92
DSCR
$5,265
Rent
$1,290
Cashflow
Cash Flow
$5,265 income − $3,975 expenses = $1,290 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,488
Downpayment
20%
$58,560
Closing costs
1%
$2,928
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$5,265
Total Expenses
$3,975
Mortgage P&I
31%
$1,623
Property Taxes
7%
$366
Home Insurance
2%
$105
HOA
2%
$90
Property Management
12%
$632
CapEx
4%
$211
Vacancy
3%
$158
Maintenance
4%
$211
Other
11%
$579