This property could be a profitable Mid-Term investment with a projected 12.87% first-year return on $63,381 initial cash invested.
12.87%
Cash On Cash
10.83%
Cap Rate
1.7
DSCR
$3,015
Rent
$680
Cashflow
Cash Flow
$3,015 income − $2,335 expenses = $680 cash flow
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,381
Downpayment
20%
$43,220
Closing costs
1%
$2,161
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,015
Total Expenses
$2,335
Mortgage P&I
38%
$1,150
Property Taxes
1%
$37
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$90
Maintenance
4%
$121
Other
11%
$332