This property could be a profitable Mid-Term investment with a projected 12% first-year return on $58,719 initial cash invested.
12%
Cash On Cash
11.46%
Cap Rate
1.68
DSCR
$4,059
Rent
$587
Cashflow
Cash Flow
$4,059 income − $3,472 expenses = $587 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,719
Downpayment
20%
$38,780
Closing costs
1%
$1,939
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$4,059
Total Expenses
$3,472
Mortgage P&I
27%
$1,103
Property Taxes
23%
$922
Home Insurance
2%
$68
HOA
0%
$0
Property Management
12%
$487
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446