This property could be a profitable Mid-Term investment with a projected 22.95% first-year return on $79,257 initial cash invested.
22.95%
Cash On Cash
13.42%
Cap Rate
2.16
DSCR
$5,961
Rent
$1,516
Cashflow
Cash Flow
$5,961 income − $4,445 expenses = $1,516 cash flow
Investment Breakdown
|
Purchase Price
$292k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,257
Downpayment
20%
$58,340
Closing costs
1%
$2,917
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$5,961
Total Expenses
$4,445
Mortgage P&I
25%
$1,507
Property Taxes
14%
$818
Home Insurance
2%
$94
HOA
0%
$0
Property Management
12%
$715
CapEx
4%
$238
Vacancy
3%
$179
Maintenance
4%
$238
Other
11%
$656