This property could be a profitable Mid-Term investment with a projected 21.16% first-year return on $59,370 initial cash invested.
21.16%
Cash On Cash
14.09%
Cap Rate
2.11
DSCR
$4,299
Rent
$1,047
Cashflow
Cash Flow
$4,299 income − $3,252 expenses = $1,047 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.4%
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
$4,299
Total Expenses
$3,252
Mortgage P&I
25%
$1,094
Property Taxes
15%
$626
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$516
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$473