This property could be a profitable Mid-Term investment with a projected 14.84% first-year return on $59,496 initial cash invested.
14.84%
Cash On Cash
11.85%
Cap Rate
1.8
DSCR
$3,249
Rent
$736
Cashflow
Cash Flow
$3,249 income − $2,513 expenses = $736 cash flow
Investment Breakdown
|
Purchase Price
$198k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,496
Downpayment
20%
$39,520
Closing costs
1%
$1,976
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,249
Total Expenses
$2,513
Mortgage P&I
33%
$1,085
Property Taxes
8%
$254
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357