This property could be a profitable Mid-Term investment with a projected 12.2% first-year return on $63,129 initial cash invested.
12.2%
Cash On Cash
10.74%
Cap Rate
1.65
DSCR
$2,882
Rent
$642
Cashflow
Cash Flow
$2,882 income − $2,240 expenses = $642 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,129
Downpayment
20%
$42,980
Closing costs
1%
$2,149
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,882
Total Expenses
$2,240
Mortgage P&I
40%
$1,167
Property Taxes
1%
$19
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$346
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$317