This property could be a profitable Mid-Term investment with a projected 11.87% first-year return on $72,600 initial cash invested.
11.87%
Cash On Cash
10.18%
Cap Rate
1.67
DSCR
$4,210
Rent
$718
Cashflow
Cash Flow
$4,210 income − $3,492 expenses = $718 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,600
Downpayment
20%
$52,000
Closing costs
1%
$2,600
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,210
Total Expenses
$3,492
Mortgage P&I
31%
$1,320
Property Taxes
15%
$651
Home Insurance
2%
$91
HOA
0%
$0
Property Management
12%
$505
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$463