This property could be a profitable Mid-Term investment with a projected 22.59% first-year return on $132k initial cash invested.
22.59%
Cash On Cash
12.37%
Cap Rate
2.01
DSCR
$8,361
Rent
$2,491
Cashflow
Cash Flow
$8,361 income − $5,870 expenses = $2,491 cash flow
Investment Breakdown
|
Purchase Price
$544k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$109k
Closing costs
1%
$5,444
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$8,361
Total Expenses
$5,870
Mortgage P&I
33%
$2,789
Property Taxes
1%
$49
Home Insurance
2%
$190
HOA
0%
$0
Property Management
12%
$1,003
CapEx
4%
$334
Vacancy
3%
$251
Maintenance
4%
$334
Other
11%
$920