This property could be a profitable Mid-Term investment with a projected 13.19% first-year return on $78,144 initial cash invested.
13.19%
Cash On Cash
10.94%
Cap Rate
1.64
DSCR
$4,046
Rent
$859
Cashflow
Cash Flow
$4,046 income − $3,187 expenses = $859 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,144
Downpayment
20%
$57,280
Closing costs
1%
$2,864
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,046
Total Expenses
$3,187
Mortgage P&I
39%
$1,589
Property Taxes
3%
$117
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$486
CapEx
4%
$162
Vacancy
3%
$121
Maintenance
4%
$162
Other
11%
$445