This property could be a profitable Mid-Term investment with a projected 11.08% first-year return on $56,766 initial cash invested.
11.08%
Cash On Cash
10.61%
Cap Rate
1.64
DSCR
$2,829
Rent
$524
Cashflow
Cash Flow
$2,829 income − $2,305 expenses = $524 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,766
Downpayment
20%
$36,920
Closing costs
1%
$1,846
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,829
Total Expenses
$2,305
Mortgage P&I
35%
$995
Property Taxes
10%
$283
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$339
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311