This property could be a profitable Mid-Term investment with a projected 10.49% first-year return on $57,879 initial cash invested.
10.49%
Cash On Cash
10.12%
Cap Rate
1.63
DSCR
$2,739
Rent
$506
Cashflow
Cash Flow
$2,739 income − $2,233 expenses = $506 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,879
Downpayment
20%
$37,980
Closing costs
1%
$1,899
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,739
Total Expenses
$2,233
Mortgage P&I
36%
$985
Property Taxes
9%
$250
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$301