This property could be a profitable Mid-Term investment with a projected 15.93% first-year return on $61,407 initial cash invested.
15.93%
Cash On Cash
11.7%
Cap Rate
1.87
DSCR
$3,076
Rent
$815
Cashflow
Cash Flow
$3,076 income − $2,261 expenses = $815 cash flow
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,407
Downpayment
20%
$41,340
Closing costs
1%
$2,067
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,076
Total Expenses
$2,261
Mortgage P&I
35%
$1,077
Property Taxes
3%
$81
Home Insurance
2%
$58
HOA
0%
$0
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338