This property could be a profitable Mid-Term investment with a projected 22.59% first-year return on $41,014 initial cash invested.
22.59%
Cash On Cash
11.77%
Cap Rate
1.89
DSCR
$3,279
Rent
$772
Cashflow
Cash Flow
$3,279 income − $2,507 expenses = $772 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,014
Downpayment
20%
$39,060
Closing costs
1%
$1,953
Rehab
0%
$0
Furnishing
0%
$1
Cashflow
Total Income
$3,279
Total Expenses
$2,507
Mortgage P&I
31%
$1,013
Property Taxes
10%
$312
Home Insurance
2%
$68
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$361