This property could be a profitable Mid-Term investment with a projected 17.5% first-year return on $70,752 initial cash invested.
17.5%
Cash On Cash
11.78%
Cap Rate
1.94
DSCR
$4,082
Rent
$1,032
Cashflow
Cash Flow
$4,082 income − $3,050 expenses = $1,032 cash flow
Investment Breakdown
|
Purchase Price
$251k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,752
Downpayment
20%
$50,240
Closing costs
1%
$2,512
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,082
Total Expenses
$3,050
Mortgage P&I
31%
$1,270
Property Taxes
7%
$293
Home Insurance
2%
$100
HOA
0%
$0
Property Management
12%
$490
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$449