This property could be a profitable Mid-Term investment with a projected 14.96% first-year return on $61,302 initial cash invested.
14.96%
Cash On Cash
11.85%
Cap Rate
1.78
DSCR
$3,219
Rent
$764
Cashflow
Cash Flow
$3,219 income − $2,455 expenses = $764 cash flow
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,302
Downpayment
20%
$41,240
Closing costs
1%
$2,062
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,219
Total Expenses
$2,455
Mortgage P&I
36%
$1,144
Property Taxes
5%
$155
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$386
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$354