This property could be a profitable Mid-Term investment with a projected 11.32% first-year return on $58,950 initial cash invested.
11.32%
Cash On Cash
10.73%
Cap Rate
1.61
DSCR
$2,685
Rent
$556
Cashflow
Cash Flow
$2,685 income − $2,129 expenses = $556 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,685
Total Expenses
$2,129
Mortgage P&I
40%
$1,080
Property Taxes
2%
$62
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$322
CapEx
4%
$107
Vacancy
3%
$81
Maintenance
4%
$107
Other
11%
$295