This property could be a profitable Mid-Term investment with a projected 17.48% first-year return on $56,850 initial cash invested.
17.48%
Cash On Cash
12.82%
Cap Rate
1.94
DSCR
$3,249
Rent
$828
Cashflow
Cash Flow
$3,249 income − $2,421 expenses = $828 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,850
Downpayment
20%
$37,000
Closing costs
1%
$1,850
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,249
Total Expenses
$2,421
Mortgage P&I
31%
$1,018
Property Taxes
7%
$234
Home Insurance
2%
$65
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357