This property could be a profitable Mid-Term investment with a projected 18.98% first-year return on $64,662 initial cash invested.
18.98%
Cash On Cash
13.01%
Cap Rate
1.94
DSCR
$3,645
Rent
$1,023
Cashflow
Cash Flow
$3,645 income − $2,622 expenses = $1,023 cash flow
Investment Breakdown
|
Purchase Price
$222k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,662
Downpayment
20%
$44,440
Closing costs
1%
$2,222
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,645
Total Expenses
$2,622
Mortgage P&I
34%
$1,240
Property Taxes
2%
$64
Home Insurance
2%
$79
HOA
0%
$0
Property Management
12%
$437
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$401