This property could be a profitable Mid-Term investment with a projected 10.86% first-year return on $65,964 initial cash invested.
10.86%
Cash On Cash
10.83%
Cap Rate
1.59
DSCR
$4,156
Rent
$597
Cashflow
Cash Flow
$4,156 income − $3,559 expenses = $597 cash flow
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,964
Downpayment
20%
$45,680
Closing costs
1%
$2,284
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$4,156
Total Expenses
$3,559
Mortgage P&I
31%
$1,299
Property Taxes
18%
$767
Home Insurance
2%
$80
HOA
0%
$0
Property Management
12%
$499
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$457