This property could be a profitable Mid-Term investment with a projected 11.68% first-year return on $79,614 initial cash invested.
11.68%
Cash On Cash
10.66%
Cap Rate
1.58
DSCR
$4,442
Rent
$775
Cashflow
Cash Flow
$4,442 income − $3,667 expenses = $775 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,614
Downpayment
20%
$58,680
Closing costs
1%
$2,934
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,442
Total Expenses
$3,667
Mortgage P&I
37%
$1,653
Property Taxes
9%
$400
Home Insurance
2%
$103
HOA
0%
$0
Property Management
12%
$533
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489