This property could be a profitable Mid-Term investment with a projected 14.87% first-year return on $58,761 initial cash invested.
14.87%
Cash On Cash
11.81%
Cap Rate
1.8
DSCR
$3,027
Rent
$728
Cashflow
Cash Flow
$3,027 income − $2,299 expenses = $728 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,761
Downpayment
20%
$38,820
Closing costs
1%
$1,941
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,027
Total Expenses
$2,299
Mortgage P&I
35%
$1,062
Property Taxes
5%
$138
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333