This property could be a profitable Mid-Term investment with a projected 10.27% first-year return on $63,108 initial cash invested.
10.27%
Cash On Cash
10.37%
Cap Rate
1.56
DSCR
$3,195
Rent
$540
Cashflow
Cash Flow
$3,195 income − $2,655 expenses = $540 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,108
Downpayment
20%
$42,960
Closing costs
1%
$2,148
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,195
Total Expenses
$2,655
Mortgage P&I
37%
$1,188
Property Taxes
10%
$313
Home Insurance
2%
$68
HOA
0%
$0
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351