This property could be a profitable Mid-Term investment with a projected 12.21% first-year return on $85,809 initial cash invested.
12.21%
Cash On Cash
10.42%
Cap Rate
1.61
DSCR
$4,696
Rent
$873
Cashflow
Cash Flow
$4,696 income − $3,823 expenses = $873 cash flow
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,809
Downpayment
20%
$64,580
Closing costs
1%
$3,229
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,696
Total Expenses
$3,823
Mortgage P&I
37%
$1,743
Property Taxes
7%
$351
Home Insurance
3%
$131
HOA
0%
$0
Property Management
12%
$564
CapEx
4%
$188
Vacancy
3%
$141
Maintenance
4%
$188
Other
11%
$517