This property could be a profitable Mid-Term investment with a projected 10.08% first-year return on $65,376 initial cash invested.
10.08%
Cash On Cash
10.46%
Cap Rate
1.53
DSCR
$3,382
Rent
$549
Cashflow
Cash Flow
$3,382 income − $2,833 expenses = $549 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,376
Downpayment
20%
$45,120
Closing costs
1%
$2,256
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,382
Total Expenses
$2,833
Mortgage P&I
38%
$1,283
Property Taxes
9%
$319
Home Insurance
2%
$82
HOA
0%
$0
Property Management
12%
$406
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$372