This property could be a profitable Mid-Term investment with a projected 17.18% first-year return on $58,677 initial cash invested.
17.18%
Cash On Cash
12.51%
Cap Rate
1.94
DSCR
$3,513
Rent
$840
Cashflow
Cash Flow
$3,513 income − $2,673 expenses = $840 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,677
Downpayment
20%
$38,740
Closing costs
1%
$1,937
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,513
Total Expenses
$2,673
Mortgage P&I
30%
$1,039
Property Taxes
10%
$359
Home Insurance
2%
$80
HOA
0%
$0
Property Management
12%
$422
CapEx
4%
$141
Vacancy
3%
$105
Maintenance
4%
$141
Other
11%
$386