This property could be a profitable Mid-Term investment with a projected 13.37% first-year return on $57,102 initial cash invested.
13.37%
Cash On Cash
11.32%
Cap Rate
1.74
DSCR
$2,800
Rent
$636
Cashflow
Cash Flow
$2,800 income − $2,164 expenses = $636 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,102
Downpayment
20%
$37,240
Closing costs
1%
$1,862
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,800
Total Expenses
$2,164
Mortgage P&I
36%
$1,009
Property Taxes
5%
$137
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308