This property could be a profitable Mid-Term investment with a projected 12.12% first-year return on $94,629 initial cash invested.
12.12%
Cash On Cash
9.9%
Cap Rate
1.61
DSCR
$4,570
Rent
$956
Cashflow
Cash Flow
$4,570 income − $3,614 expenses = $956 cash flow
Investment Breakdown
|
Purchase Price
$365k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,629
Downpayment
20%
$72,980
Closing costs
1%
$3,649
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,570
Total Expenses
$3,614
Mortgage P&I
41%
$1,871
Property Taxes
1%
$61
Home Insurance
3%
$128
HOA
0%
$0
Property Management
12%
$548
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$503