This property could be a profitable Mid-Term investment with a projected 20.63% first-year return on $57,879 initial cash invested.
20.63%
Cash On Cash
13.55%
Cap Rate
2.11
DSCR
$3,284
Rent
$995
Cashflow
Cash Flow
$3,284 income − $2,289 expenses = $995 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,879
Downpayment
20%
$37,980
Closing costs
1%
$1,899
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,284
Total Expenses
$2,289
Mortgage P&I
31%
$1,018
Property Taxes
3%
$89
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$394
CapEx
4%
$131
Vacancy
3%
$99
Maintenance
4%
$131
Other
11%
$361