This property could be a profitable Mid-Term investment with a projected 17.81% first-year return on $62,394 initial cash invested.
17.81%
Cash On Cash
12.75%
Cap Rate
1.92
DSCR
$3,792
Rent
$926
Cashflow
Cash Flow
$3,792 income − $2,866 expenses = $926 cash flow
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,394
Downpayment
20%
$42,280
Closing costs
1%
$2,114
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,792
Total Expenses
$2,866
Mortgage P&I
31%
$1,168
Property Taxes
9%
$345
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$455
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$417