This property could be a profitable Mid-Term investment with a projected 12.51% first-year return on $62,457 initial cash invested.
12.51%
Cash On Cash
10.92%
Cap Rate
1.67
DSCR
$3,018
Rent
$651
Cashflow
Cash Flow
$3,018 income − $2,367 expenses = $651 cash flow
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,457
Downpayment
20%
$42,340
Closing costs
1%
$2,117
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,018
Total Expenses
$2,367
Mortgage P&I
38%
$1,155
Property Taxes
3%
$84
Home Insurance
3%
$88
HOA
0%
$13
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332