This property could be a profitable Mid-Term investment with a projected 13.04% first-year return on $80,979 initial cash invested.
13.04%
Cash On Cash
10.78%
Cap Rate
1.66
DSCR
$4,710
Rent
$880
Cashflow
Cash Flow
$4,710 income − $3,830 expenses = $880 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,710
Total Expenses
$3,830
Mortgage P&I
35%
$1,625
Property Taxes
11%
$500
Home Insurance
2%
$105
HOA
0%
$0
Property Management
12%
$565
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$518