This property could be a profitable Mid-Term investment with a projected 10.33% first-year return on $56,472 initial cash invested.
10.33%
Cash On Cash
10.62%
Cap Rate
1.61
DSCR
$3,140
Rent
$486
Cashflow
Cash Flow
$3,140 income − $2,654 expenses = $486 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,472
Downpayment
20%
$36,640
Closing costs
1%
$1,832
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,140
Total Expenses
$2,654
Mortgage P&I
32%
$1,010
Property Taxes
12%
$366
Home Insurance
2%
$66
HOA
5%
$144
Property Management
12%
$377
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$345