This property could be a profitable Mid-Term investment with a projected 18.15% first-year return on $56,514 initial cash invested.
18.15%
Cash On Cash
13.49%
Cap Rate
1.98
DSCR
$4,064
Rent
$855
Cashflow
Cash Flow
$4,064 income − $3,209 expenses = $855 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,514
Downpayment
20%
$36,680
Closing costs
1%
$1,834
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$4,064
Total Expenses
$3,209
Mortgage P&I
26%
$1,043
Property Taxes
18%
$719
Home Insurance
2%
$64
HOA
0%
$0
Property Management
12%
$488
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$447