This property could be a profitable Mid-Term investment with a projected 11.06% first-year return on $60,315 initial cash invested.
11.06%
Cash On Cash
10.55%
Cap Rate
1.61
DSCR
$2,948
Rent
$556
Cashflow
Cash Flow
$2,948 income − $2,392 expenses = $556 cash flow
Investment Breakdown
|
Purchase Price
$202k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,315
Downpayment
20%
$40,300
Closing costs
1%
$2,015
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,948
Total Expenses
$2,392
Mortgage P&I
37%
$1,098
Property Taxes
8%
$227
Home Insurance
2%
$65
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324