This property could be a profitable Mid-Term investment with a projected 21.29% first-year return on $77,850 initial cash invested.
21.29%
Cash On Cash
12.75%
Cap Rate
2.07
DSCR
$4,690
Rent
$1,381
Cashflow
Cash Flow
$4,690 income − $3,309 expenses = $1,381 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,850
Downpayment
20%
$57,000
Closing costs
1%
$2,850
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,690
Total Expenses
$3,309
Mortgage P&I
31%
$1,460
Property Taxes
3%
$153
Home Insurance
2%
$100
HOA
0%
$0
Property Management
12%
$563
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$516