This property could be a profitable Mid-Term investment with a projected 11.72% first-year return on $65,943 initial cash invested.
11.72%
Cash On Cash
10.51%
Cap Rate
1.63
DSCR
$3,286
Rent
$644
Cashflow
Cash Flow
$3,286 income − $2,642 expenses = $644 cash flow
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,943
Downpayment
20%
$45,660
Closing costs
1%
$2,283
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,286
Total Expenses
$2,642
Mortgage P&I
37%
$1,225
Property Taxes
7%
$217
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$394
CapEx
4%
$131
Vacancy
3%
$99
Maintenance
4%
$131
Other
11%
$361