This property could be a profitable Mid-Term investment with a projected 12.29% first-year return on $75,750 initial cash invested.
12.29%
Cash On Cash
10.29%
Cap Rate
1.68
DSCR
$4,468
Rent
$776
Cashflow
Cash Flow
$4,468 income − $3,692 expenses = $776 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,468
Total Expenses
$3,692
Mortgage P&I
31%
$1,404
Property Taxes
15%
$673
Home Insurance
2%
$96
HOA
0%
$0
Property Management
12%
$536
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$491