This property could be a profitable Mid-Term investment with a projected 11.04% first-year return on $57,186 initial cash invested.
11.04%
Cash On Cash
10.8%
Cap Rate
1.61
DSCR
$2,691
Rent
$526
Cashflow
Cash Flow
$2,691 income − $2,165 expenses = $526 cash flow
Investment Breakdown
|
Purchase Price
$187k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,186
Downpayment
20%
$37,320
Closing costs
1%
$1,866
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,691
Total Expenses
$2,165
Mortgage P&I
39%
$1,045
Property Taxes
6%
$150
Home Insurance
2%
$54
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296