This property could be a profitable Mid-Term investment with a projected 17.18% first-year return on $65,397 initial cash invested.
17.18%
Cash On Cash
11.99%
Cap Rate
1.93
DSCR
$3,724
Rent
$936
Cashflow
Cash Flow
$3,724 income − $2,788 expenses = $936 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,397
Downpayment
20%
$45,140
Closing costs
1%
$2,257
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,724
Total Expenses
$2,788
Mortgage P&I
31%
$1,171
Property Taxes
7%
$270
Home Insurance
2%
$80
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410