This property could be a profitable Mid-Term investment with a projected 15.58% first-year return on $70,878 initial cash invested.
15.58%
Cash On Cash
11.51%
Cap Rate
1.79
DSCR
$3,698
Rent
$920
Cashflow
Cash Flow
$3,698 income − $2,778 expenses = $920 cash flow
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,878
Downpayment
20%
$50,360
Closing costs
1%
$2,518
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,698
Total Expenses
$2,778
Mortgage P&I
36%
$1,347
Property Taxes
2%
$86
Home Insurance
2%
$87
HOA
0%
$0
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407