This property could be a profitable Mid-Term investment with a projected 18.67% first-year return on $58,950 initial cash invested.
18.67%
Cash On Cash
12.99%
Cap Rate
2.02
DSCR
$3,696
Rent
$917
Cashflow
Cash Flow
$3,696 income − $2,779 expenses = $917 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,696
Total Expenses
$2,779
Mortgage P&I
28%
$1,046
Property Taxes
11%
$405
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407