This property could be a profitable Mid-Term investment with a projected 18.43% first-year return on $65,439 initial cash invested.
18.43%
Cash On Cash
12.48%
Cap Rate
1.96
DSCR
$3,582
Rent
$1,005
Cashflow
Cash Flow
$3,582 income − $2,577 expenses = $1,005 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,439
Downpayment
20%
$45,180
Closing costs
1%
$2,259
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,582
Total Expenses
$2,577
Mortgage P&I
34%
$1,201
Property Taxes
2%
$63
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$430
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394