This property could be a profitable Mid-Term investment with a projected 12.92% first-year return on $64,557 initial cash invested.
12.92%
Cash On Cash
10.78%
Cap Rate
1.7
DSCR
$3,044
Rent
$695
Cashflow
Cash Flow
$3,044 income − $2,349 expenses = $695 cash flow
Investment Breakdown
|
Purchase Price
$222k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,557
Downpayment
20%
$44,340
Closing costs
1%
$2,217
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,044
Total Expenses
$2,349
Mortgage P&I
39%
$1,175
Property Taxes
2%
$60
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335