This property could be a profitable Mid-Term investment with a projected 13.15% first-year return on $61,764 initial cash invested.
13.15%
Cash On Cash
11.16%
Cap Rate
1.73
DSCR
$3,520
Rent
$677
Cashflow
Cash Flow
$3,520 income − $2,843 expenses = $677 cash flow
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,764
Downpayment
20%
$41,680
Closing costs
1%
$2,084
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,520
Total Expenses
$2,843
Mortgage P&I
32%
$1,120
Property Taxes
13%
$452
Home Insurance
2%
$74
HOA
0%
$0
Property Management
12%
$422
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$387