This property could be a profitable Mid-Term investment with a projected 13.55% first-year return on $67,497 initial cash invested.
13.55%
Cash On Cash
10.83%
Cap Rate
1.74
DSCR
$3,579
Rent
$762
Cashflow
Cash Flow
$3,579 income − $2,817 expenses = $762 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,497
Downpayment
20%
$47,140
Closing costs
1%
$2,357
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,579
Total Expenses
$2,817
Mortgage P&I
34%
$1,223
Property Taxes
8%
$294
Home Insurance
2%
$84
HOA
0%
$0
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394