This property could be a profitable Mid-Term investment with a projected 11.11% first-year return on $80,286 initial cash invested.
11.11%
Cash On Cash
10.24%
Cap Rate
1.57
DSCR
$4,482
Rent
$743
Cashflow
Cash Flow
$4,482 income − $3,739 expenses = $743 cash flow
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,286
Downpayment
20%
$59,320
Closing costs
1%
$2,966
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,482
Total Expenses
$3,739
Mortgage P&I
36%
$1,608
Property Taxes
11%
$501
Home Insurance
2%
$107
HOA
0%
$0
Property Management
12%
$538
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$493