This property could be a profitable Mid-Term investment with a projected 10.32% first-year return on $65,145 initial cash invested.
10.32%
Cash On Cash
10.33%
Cap Rate
1.54
DSCR
$3,006
Rent
$560
Cashflow
Cash Flow
$3,006 income − $2,446 expenses = $560 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,145
Downpayment
20%
$44,900
Closing costs
1%
$2,245
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,006
Total Expenses
$2,446
Mortgage P&I
42%
$1,253
Property Taxes
3%
$90
Home Insurance
3%
$81
HOA
0%
$0
Property Management
12%
$361
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$331