This property could be a profitable Mid-Term investment with a projected 10.78% first-year return on $70,479 initial cash invested.
10.78%
Cash On Cash
10.55%
Cap Rate
1.55
DSCR
$3,609
Rent
$633
Cashflow
Cash Flow
$3,609 income − $2,976 expenses = $633 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,609
Total Expenses
$2,976
Mortgage P&I
39%
$1,421
Property Taxes
7%
$241
Home Insurance
2%
$88
HOA
0%
$0
Property Management
12%
$433
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$397