This property could be a profitable Mid-Term investment with a projected 12.03% first-year return on $59,727 initial cash invested.
12.03%
Cash On Cash
10.65%
Cap Rate
1.67
DSCR
$2,702
Rent
$599
Cashflow
Cash Flow
$2,702 income − $2,103 expenses = $599 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,727
Downpayment
20%
$39,740
Closing costs
1%
$1,987
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,702
Total Expenses
$2,103
Mortgage P&I
39%
$1,056
Property Taxes
3%
$75
Home Insurance
2%
$54
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297