This property could be a profitable Mid-Term investment with a projected 12.54% first-year return on $62,016 initial cash invested.
12.54%
Cash On Cash
10.88%
Cap Rate
1.69
DSCR
$3,242
Rent
$648
Cashflow
Cash Flow
$3,242 income − $2,594 expenses = $648 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,016
Downpayment
20%
$41,920
Closing costs
1%
$2,096
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,242
Total Expenses
$2,594
Mortgage P&I
35%
$1,123
Property Taxes
9%
$293
Home Insurance
2%
$75
HOA
0%
$0
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357