This property could be a profitable Mid-Term investment with a projected 10.73% first-year return on $76,800 initial cash invested.
10.73%
Cash On Cash
10.23%
Cap Rate
1.54
DSCR
$3,794
Rent
$687
Cashflow
Cash Flow
$3,794 income − $3,107 expenses = $687 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,794
Total Expenses
$3,107
Mortgage P&I
41%
$1,549
Property Taxes
4%
$170
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$455
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$417