This property could be a profitable Mid-Term investment with a projected 13.31% first-year return on $67,329 initial cash invested.
13.31%
Cash On Cash
10.89%
Cap Rate
1.72
DSCR
$3,618
Rent
$747
Cashflow
Cash Flow
$3,618 income − $2,871 expenses = $747 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,329
Downpayment
20%
$46,980
Closing costs
1%
$2,349
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,618
Total Expenses
$2,871
Mortgage P&I
34%
$1,240
Property Taxes
9%
$309
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$434
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$398