This property could be a profitable Mid-Term investment with a projected 19.21% first-year return on $62,730 initial cash invested.
19.21%
Cash On Cash
13.13%
Cap Rate
1.96
DSCR
$3,450
Rent
$1,004
Cashflow
Cash Flow
$3,450 income − $2,446 expenses = $1,004 cash flow
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,730
Downpayment
20%
$42,600
Closing costs
1%
$2,130
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,450
Total Expenses
$2,446
Mortgage P&I
34%
$1,189
Property Taxes
0%
$8
Home Insurance
2%
$75
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380