This property could be a profitable Mid-Term investment with a projected 15.2% first-year return on $57,879 initial cash invested.
15.2%
Cash On Cash
12.14%
Cap Rate
1.8
DSCR
$3,006
Rent
$733
Cashflow
Cash Flow
$3,006 income − $2,273 expenses = $733 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.6%
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
$3,006
Total Expenses
$2,273
Mortgage P&I
36%
$1,068
Property Taxes
4%
$117
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$361
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$331