This property could be a profitable Mid-Term investment with a projected 14.74% first-year return on $66,678 initial cash invested.
14.74%
Cash On Cash
11.72%
Cap Rate
1.74
DSCR
$3,561
Rent
$819
Cashflow
Cash Flow
$3,561 income − $2,742 expenses = $819 cash flow
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,678
Downpayment
20%
$46,360
Closing costs
1%
$2,318
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,561
Total Expenses
$2,742
Mortgage P&I
37%
$1,302
Property Taxes
4%
$148
Home Insurance
2%
$82
HOA
0%
$0
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$392