This property could be a profitable Mid-Term investment with a projected 10.17% first-year return on $63,738 initial cash invested.
10.17%
Cash On Cash
10.09%
Cap Rate
1.55
DSCR
$2,793
Rent
$540
Cashflow
Cash Flow
$2,793 income − $2,253 expenses = $540 cash flow
Investment Breakdown
|
Purchase Price
$218k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,738
Downpayment
20%
$43,560
Closing costs
1%
$2,178
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,793
Total Expenses
$2,253
Mortgage P&I
42%
$1,179
Property Taxes
2%
$58
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$335
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$307