This property could be a profitable Mid-Term investment with a projected 19.06% first-year return on $86,124 initial cash invested.
19.06%
Cash On Cash
12.64%
Cap Rate
1.9
DSCR
$6,216
Rent
$1,368
Cashflow
Cash Flow
$6,216 income − $4,848 expenses = $1,368 cash flow
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,124
Downpayment
20%
$64,880
Closing costs
1%
$3,244
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$6,216
Total Expenses
$4,848
Mortgage P&I
29%
$1,800
Property Taxes
13%
$818
Home Insurance
2%
$116
HOA
0%
$0
Property Management
12%
$746
CapEx
4%
$249
Vacancy
3%
$186
Maintenance
4%
$249
Other
11%
$684