This property could be a profitable Mid-Term investment with a projected 15.31% first-year return on $58,845 initial cash invested.
15.31%
Cash On Cash
11.96%
Cap Rate
1.85
DSCR
$3,488
Rent
$751
Cashflow
Cash Flow
$3,488 income − $2,737 expenses = $751 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,845
Downpayment
20%
$38,900
Closing costs
1%
$1,945
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,488
Total Expenses
$2,737
Mortgage P&I
30%
$1,048
Property Taxes
12%
$431
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$419
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$384