This property could be a profitable Mid-Term investment with a projected 10.13% first-year return on $93,327 initial cash invested.
10.13%
Cash On Cash
9.88%
Cap Rate
1.49
DSCR
$4,680
Rent
$788
Cashflow
Cash Flow
$4,680 income − $3,892 expenses = $788 cash flow
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,327
Downpayment
20%
$71,740
Closing costs
1%
$3,587
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,680
Total Expenses
$3,892
Mortgage P&I
42%
$1,977
Property Taxes
4%
$202
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$562
CapEx
4%
$187
Vacancy
3%
$140
Maintenance
4%
$187
Other
11%
$515