This property could be a profitable Mid-Term investment with a projected 19.81% first-year return on $66,090 initial cash invested.
19.81%
Cash On Cash
13.14%
Cap Rate
1.98
DSCR
$3,765
Rent
$1,091
Cashflow
Cash Flow
$3,765 income − $2,674 expenses = $1,091 cash flow
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,090
Downpayment
20%
$45,800
Closing costs
1%
$2,290
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,765
Total Expenses
$2,674
Mortgage P&I
34%
$1,265
Property Taxes
1%
$48
Home Insurance
2%
$80
HOA
0%
$0
Property Management
12%
$452
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$414