This property could be a profitable Mid-Term investment with a projected 16.19% first-year return on $65,880 initial cash invested.
16.19%
Cash On Cash
12.46%
Cap Rate
1.82
DSCR
$4,528
Rent
$889
Cashflow
Cash Flow
$4,528 income − $3,639 expenses = $889 cash flow
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,880
Downpayment
20%
$45,600
Closing costs
1%
$2,280
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$4,528
Total Expenses
$3,639
Mortgage P&I
29%
$1,298
Property Taxes
16%
$722
Home Insurance
2%
$80
HOA
0%
$0
Property Management
12%
$543
CapEx
4%
$181
Vacancy
3%
$136
Maintenance
4%
$181
Other
11%
$498