This property could be a profitable Mid-Term investment with a projected 12.39% first-year return on $68,558 initial cash invested.
12.39%
Cash On Cash
10.92%
Cap Rate
1.63
DSCR
$3,536
Rent
$708
Cashflow
Cash Flow
$3,536 income − $2,828 expenses = $708 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,558
Downpayment
20%
$48,150
Closing costs
1%
$2,408
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,536
Total Expenses
$2,828
Mortgage P&I
38%
$1,342
Property Taxes
6%
$201
Home Insurance
2%
$84
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$389