This property could be a profitable Mid-Term investment with a projected 12.71% first-year return on $63,927 initial cash invested.
12.71%
Cash On Cash
11.23%
Cap Rate
1.65
DSCR
$3,268
Rent
$677
Cashflow
Cash Flow
$3,268 income − $2,591 expenses = $677 cash flow
Investment Breakdown
|
Purchase Price
$219k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,927
Downpayment
20%
$43,740
Closing costs
1%
$2,187
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,268
Total Expenses
$2,591
Mortgage P&I
38%
$1,239
Property Taxes
5%
$162
Home Insurance
2%
$79
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359