This property could be a profitable Mid-Term investment with a projected 12.86% first-year return on $85,494 initial cash invested.
12.86%
Cash On Cash
10.23%
Cap Rate
1.66
DSCR
$4,230
Rent
$916
Cashflow
Cash Flow
$4,230 income − $3,314 expenses = $916 cash flow
Investment Breakdown
|
Purchase Price
$321k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,494
Downpayment
20%
$64,280
Closing costs
1%
$3,214
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,230
Total Expenses
$3,314
Mortgage P&I
39%
$1,655
Property Taxes
3%
$107
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$508
CapEx
4%
$169
Vacancy
3%
$127
Maintenance
4%
$169
Other
11%
$465