This property could be a profitable Mid-Term investment with a projected 15.4% first-year return on $92,991 initial cash invested.
15.4%
Cash On Cash
10.97%
Cap Rate
1.76
DSCR
$5,436
Rent
$1,193
Cashflow
Cash Flow
$5,436 income − $4,243 expenses = $1,193 cash flow
Investment Breakdown
|
Purchase Price
$357k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,991
Downpayment
20%
$71,420
Closing costs
1%
$3,571
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,436
Total Expenses
$4,243
Mortgage P&I
34%
$1,855
Property Taxes
7%
$406
Home Insurance
2%
$135
HOA
0%
$0
Property Management
12%
$652
CapEx
4%
$217
Vacancy
3%
$163
Maintenance
4%
$217
Other
11%
$598