This property could be a profitable Mid-Term investment with a projected 13.79% first-year return on $59,265 initial cash invested.
13.79%
Cash On Cash
11.18%
Cap Rate
1.77
DSCR
$2,889
Rent
$681
Cashflow
Cash Flow
$2,889 income − $2,208 expenses = $681 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,265
Downpayment
20%
$39,300
Closing costs
1%
$1,965
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,889
Total Expenses
$2,208
Mortgage P&I
36%
$1,033
Property Taxes
4%
$112
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318