This property could be a profitable Mid-Term investment with a projected 18.05% first-year return on $71,151 initial cash invested.
18.05%
Cash On Cash
12.26%
Cap Rate
1.92
DSCR
$4,188
Rent
$1,070
Cashflow
Cash Flow
$4,188 income − $3,118 expenses = $1,070 cash flow
Investment Breakdown
|
Purchase Price
$253k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,151
Downpayment
20%
$50,620
Closing costs
1%
$2,531
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,188
Total Expenses
$3,118
Mortgage P&I
32%
$1,347
Property Taxes
6%
$254
Home Insurance
2%
$91
HOA
0%
$0
Property Management
12%
$503
CapEx
4%
$168
Vacancy
3%
$126
Maintenance
4%
$168
Other
11%
$461