This property could be a profitable Mid-Term investment with a projected 15.27% first-year return on $58,950 initial cash invested.
15.27%
Cash On Cash
11.61%
Cap Rate
1.84
DSCR
$2,834
Rent
$750
Cashflow
Cash Flow
$2,834 income − $2,084 expenses = $750 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,834
Total Expenses
$2,084
Mortgage P&I
36%
$1,023
Property Taxes
1%
$30
Home Insurance
2%
$68
HOA
0%
$0
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$312