This property could be a profitable Mid-Term investment with a projected 17.98% first-year return on $60,273 initial cash invested.
17.98%
Cash On Cash
13.03%
Cap Rate
1.95
DSCR
$4,100
Rent
$903
Cashflow
Cash Flow
$4,100 income − $3,197 expenses = $903 cash flow
Investment Breakdown
|
Purchase Price
$201k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,273
Downpayment
20%
$40,260
Closing costs
1%
$2,013
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$4,100
Total Expenses
$3,197
Mortgage P&I
27%
$1,118
Property Taxes
15%
$633
Home Insurance
1%
$52
HOA
0%
$0
Property Management
12%
$492
CapEx
4%
$164
Vacancy
3%
$123
Maintenance
4%
$164
Other
11%
$451