This property could be a profitable Mid-Term investment with a projected 20.39% first-year return on $59,370 initial cash invested.
20.39%
Cash On Cash
13.72%
Cap Rate
2.05
DSCR
$3,590
Rent
$1,009
Cashflow
Cash Flow
$3,590 income − $2,581 expenses = $1,009 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,370
Downpayment
20%
$39,400
Closing costs
1%
$1,970
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,590
Total Expenses
$2,581
Mortgage P&I
31%
$1,099
Property Taxes
6%
$208
Home Insurance
1%
$52
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395