This property could be a profitable Mid-Term investment with a projected 10.57% first-year return on $70,500 initial cash invested.
10.57%
Cash On Cash
10.06%
Cap Rate
1.57
DSCR
$3,506
Rent
$621
Cashflow
Cash Flow
$3,506 income − $2,885 expenses = $621 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,506
Total Expenses
$2,885
Mortgage P&I
38%
$1,335
Property Taxes
8%
$270
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386