This property could be a profitable Mid-Term investment with a projected 12.11% first-year return on $61,029 initial cash invested.
12.11%
Cash On Cash
10.81%
Cap Rate
1.67
DSCR
$3,110
Rent
$616
Cashflow
Cash Flow
$3,110 income − $2,494 expenses = $616 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,029
Downpayment
20%
$40,980
Closing costs
1%
$2,049
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,110
Total Expenses
$2,494
Mortgage P&I
36%
$1,106
Property Taxes
8%
$258
Home Insurance
2%
$74
HOA
0%
$0
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342