This property could be a profitable Mid-Term investment with a projected 15.11% first-year return on $57,102 initial cash invested.
15.11%
Cash On Cash
11.85%
Cap Rate
1.83
DSCR
$2,931
Rent
$719
Cashflow
Cash Flow
$2,931 income − $2,212 expenses = $719 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,931
Total Expenses
$2,212
Mortgage P&I
34%
$1,002
Property Taxes
5%
$148
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$352
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322