This property could be a profitable Mid-Term investment with a projected 15.21% first-year return on $59,874 initial cash invested.
15.21%
Cash On Cash
12.08%
Cap Rate
1.78
DSCR
$2,974
Rent
$759
Cashflow
Cash Flow
$2,974 income − $2,215 expenses = $759 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,874
Downpayment
20%
$39,880
Closing costs
1%
$1,994
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,974
Total Expenses
$2,215
Mortgage P&I
38%
$1,129
Property Taxes
1%
$19
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$327