This property could be a profitable Mid-Term investment with a projected 10.71% first-year return on $139k initial cash invested.
10.71%
Cash On Cash
9.32%
Cap Rate
1.52
DSCR
$7,286
Rent
$1,238
Cashflow
Cash Flow
$7,286 income − $6,048 expenses = $1,238 cash flow
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$139k
Downpayment
20%
$115k
Closing costs
1%
$5,750
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$7,286
Total Expenses
$6,048
Mortgage P&I
40%
$2,935
Property Taxes
6%
$436
Home Insurance
3%
$201
HOA
0%
$0
Property Management
12%
$874
CapEx
4%
$291
Vacancy
3%
$219
Maintenance
4%
$291
Other
11%
$801