This property could be a profitable Mid-Term investment with a projected 15.13% first-year return on $68,190 initial cash invested.
15.13%
Cash On Cash
11.87%
Cap Rate
1.74
DSCR
$3,600
Rent
$860
Cashflow
Cash Flow
$3,600 income − $2,740 expenses = $860 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,190
Downpayment
20%
$47,800
Closing costs
1%
$2,390
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,600
Total Expenses
$2,740
Mortgage P&I
38%
$1,361
Property Taxes
2%
$71
Home Insurance
2%
$84
HOA
0%
$0
Property Management
12%
$432
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$396