This property could be a profitable Mid-Term investment with a projected 10.67% first-year return on $65,208 initial cash invested.
10.67%
Cash On Cash
10.27%
Cap Rate
1.59
DSCR
$3,328
Rent
$580
Cashflow
Cash Flow
$3,328 income − $2,748 expenses = $580 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,208
Downpayment
20%
$44,960
Closing costs
1%
$2,248
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,328
Total Expenses
$2,748
Mortgage P&I
36%
$1,211
Property Taxes
10%
$326
Home Insurance
2%
$80
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$366