This property could be a profitable Mid-Term investment with a projected 11.74% first-year return on $78,879 initial cash invested.
11.74%
Cash On Cash
10.33%
Cap Rate
1.62
DSCR
$4,488
Rent
$772
Cashflow
Cash Flow
$4,488 income − $3,716 expenses = $772 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,879
Downpayment
20%
$57,980
Closing costs
1%
$2,899
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,488
Total Expenses
$3,716
Mortgage P&I
34%
$1,543
Property Taxes
12%
$543
Home Insurance
2%
$102
HOA
0%
$0
Property Management
12%
$539
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$494