This property could be a profitable Mid-Term investment with a projected 18.8% first-year return on $56,220 initial cash invested.
18.8%
Cash On Cash
13.24%
Cap Rate
2
DSCR
$3,026
Rent
$881
Cashflow
Cash Flow
$3,026 income − $2,145 expenses = $881 cash flow
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,220
Downpayment
20%
$36,400
Closing costs
1%
$1,820
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,026
Total Expenses
$2,145
Mortgage P&I
33%
$1,006
Property Taxes
2%
$46
Home Insurance
2%
$64
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333