This property could be a profitable Mid-Term investment with a projected 26.58% first-year return on $57,291 initial cash invested.
26.58%
Cash On Cash
15.27%
Cap Rate
2.49
DSCR
$3,856
Rent
$1,269
Cashflow
Cash Flow
$3,856 income − $2,587 expenses = $1,269 cash flow
Investment Breakdown
|
Purchase Price
$187k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,291
Downpayment
20%
$37,420
Closing costs
1%
$1,871
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,856
Total Expenses
$2,587
Mortgage P&I
25%
$958
Property Taxes
6%
$230
Home Insurance
2%
$88
HOA
0%
$0
Property Management
12%
$463
CapEx
4%
$154
Vacancy
3%
$116
Maintenance
4%
$154
Other
11%
$424