This property could be a profitable Mid-Term investment with a projected 16.76% first-year return on $62,373 initial cash invested.
16.76%
Cash On Cash
11.92%
Cap Rate
1.92
DSCR
$3,292
Rent
$871
Cashflow
Cash Flow
$3,292 income − $2,421 expenses = $871 cash flow
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,373
Downpayment
20%
$42,260
Closing costs
1%
$2,113
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,292
Total Expenses
$2,421
Mortgage P&I
33%
$1,096
Property Taxes
4%
$129
Home Insurance
2%
$76
HOA
0%
$0
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362