This property could be a profitable Mid-Term investment with a projected 20.57% first-year return on $117k initial cash invested.
20.57%
Cash On Cash
12.41%
Cap Rate
1.91
DSCR
$7,690
Rent
$2,000
Cashflow
Cash Flow
$7,690 income − $5,690 expenses = $2,000 cash flow
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$93,980
Closing costs
1%
$4,699
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$7,690
Total Expenses
$5,690
Mortgage P&I
33%
$2,550
Property Taxes
5%
$360
Home Insurance
2%
$164
HOA
0%
$0
Property Management
12%
$923
CapEx
4%
$308
Vacancy
3%
$231
Maintenance
4%
$308
Other
11%
$846