This property could be a profitable Mid-Term investment with a projected 12.76% first-year return on $80,223 initial cash invested.
12.76%
Cash On Cash
10.21%
Cap Rate
1.68
DSCR
$4,094
Rent
$853
Cashflow
Cash Flow
$4,094 income − $3,241 expenses = $853 cash flow
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,223
Downpayment
20%
$59,260
Closing costs
1%
$2,963
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,094
Total Expenses
$3,241
Mortgage P&I
37%
$1,504
Property Taxes
6%
$240
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$491
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$450