This property could be a profitable Mid-Term investment with a projected 12.98% first-year return on $58,971 initial cash invested.
12.98%
Cash On Cash
11.41%
Cap Rate
1.69
DSCR
$3,020
Rent
$638
Cashflow
Cash Flow
$3,020 income − $2,382 expenses = $638 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,971
Downpayment
20%
$39,020
Closing costs
1%
$1,951
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,020
Total Expenses
$2,382
Mortgage P&I
36%
$1,096
Property Taxes
6%
$191
Home Insurance
2%
$68
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332