This property could be a profitable Mid-Term investment with a projected 16.04% first-year return on $56,556 initial cash invested.
16.04%
Cash On Cash
12.46%
Cap Rate
1.9
DSCR
$3,716
Rent
$756
Cashflow
Cash Flow
$3,716 income − $2,960 expenses = $756 cash flow
Investment Breakdown
|
Purchase Price
$184k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,556
Downpayment
20%
$36,720
Closing costs
1%
$1,836
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,716
Total Expenses
$2,960
Mortgage P&I
27%
$1,002
Property Taxes
17%
$629
Home Insurance
2%
$65
HOA
0%
$0
Property Management
12%
$446
CapEx
4%
$149
Vacancy
3%
$111
Maintenance
4%
$149
Other
11%
$409