This property could be a profitable Mid-Term investment with a projected 11.72% first-year return on $79,992 initial cash invested.
11.72%
Cash On Cash
9.89%
Cap Rate
1.64
DSCR
$4,300
Rent
$781
Cashflow
Cash Flow
$4,300 income − $3,519 expenses = $781 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,992
Downpayment
20%
$59,040
Closing costs
1%
$2,952
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,300
Total Expenses
$3,519
Mortgage P&I
34%
$1,479
Property Taxes
11%
$487
Home Insurance
2%
$91
HOA
0%
$0
Property Management
12%
$516
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$473