This property could be a profitable Mid-Term investment with a projected 20.67% first-year return on $80,979 initial cash invested.
20.67%
Cash On Cash
12.9%
Cap Rate
1.98
DSCR
$5,085
Rent
$1,395
Cashflow
Cash Flow
$5,085 income − $3,690 expenses = $1,395 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$5,085
Total Expenses
$3,690
Mortgage P&I
32%
$1,626
Property Taxes
5%
$231
Home Insurance
2%
$105
HOA
0%
$0
Property Management
12%
$610
CapEx
4%
$203
Vacancy
3%
$153
Maintenance
4%
$203
Other
11%
$559