This property could be a profitable Mid-Term investment with a projected 10.06% first-year return on $58,341 initial cash invested.
10.06%
Cash On Cash
10.54%
Cap Rate
1.55
DSCR
$2,764
Rent
$489
Cashflow
Cash Flow
$2,764 income − $2,275 expenses = $489 cash flow
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,341
Downpayment
20%
$38,420
Closing costs
1%
$1,921
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,764
Total Expenses
$2,275
Mortgage P&I
39%
$1,088
Property Taxes
6%
$178
Home Insurance
2%
$68
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$304