This property could be a profitable Mid-Term investment with a projected 18.18% first-year return on $58,614 initial cash invested.
18.18%
Cash On Cash
12.87%
Cap Rate
1.96
DSCR
$3,158
Rent
$888
Cashflow
Cash Flow
$3,158 income − $2,270 expenses = $888 cash flow
Investment Breakdown
|
Purchase Price
$193k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,614
Downpayment
20%
$38,680
Closing costs
1%
$1,934
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,158
Total Expenses
$2,270
Mortgage P&I
34%
$1,060
Property Taxes
2%
$58
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$347