This property could be a profitable Mid-Term investment with a projected 12.25% first-year return on $61,134 initial cash invested.
12.25%
Cash On Cash
11.07%
Cap Rate
1.66
DSCR
$3,194
Rent
$624
Cashflow
Cash Flow
$3,194 income − $2,570 expenses = $624 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,134
Downpayment
20%
$41,080
Closing costs
1%
$2,054
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,194
Total Expenses
$2,570
Mortgage P&I
36%
$1,143
Property Taxes
8%
$266
Home Insurance
2%
$75
HOA
0%
$0
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351