This property could be a profitable Mid-Term investment with a projected 32.61% first-year return on $56,514 initial cash invested.
32.61%
Cash On Cash
17.93%
Cap Rate
2.71
DSCR
$4,821
Rent
$1,536
Cashflow
Cash Flow
$4,821 income − $3,285 expenses = $1,536 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,514
Downpayment
20%
$36,680
Closing costs
1%
$1,834
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$4,821
Total Expenses
$3,285
Mortgage P&I
21%
$1,012
Property Taxes
12%
$584
Home Insurance
1%
$49
HOA
0%
$0
Property Management
12%
$579
CapEx
4%
$193
Vacancy
3%
$145
Maintenance
4%
$193
Other
11%
$530