This property could be a profitable Mid-Term investment with a projected 15.54% first-year return on $88,896 initial cash invested.
15.54%
Cash On Cash
11.32%
Cap Rate
1.73
DSCR
$4,911
Rent
$1,151
Cashflow
Cash Flow
$4,911 income − $3,760 expenses = $1,151 cash flow
Investment Breakdown
|
Purchase Price
$338k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,896
Downpayment
20%
$67,520
Closing costs
1%
$3,376
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,911
Total Expenses
$3,760
Mortgage P&I
37%
$1,837
Property Taxes
3%
$127
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$589
CapEx
4%
$196
Vacancy
3%
$147
Maintenance
4%
$196
Other
11%
$540