This property could be a profitable Mid-Term investment with a projected 12.33% first-year return on $57,690 initial cash invested.
12.33%
Cash On Cash
11.03%
Cap Rate
1.68
DSCR
$2,666
Rent
$593
Cashflow
Cash Flow
$2,666 income − $2,073 expenses = $593 cash flow
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,690
Downpayment
20%
$37,800
Closing costs
1%
$1,890
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,666
Total Expenses
$2,073
Mortgage P&I
39%
$1,037
Property Taxes
2%
$63
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$293