This property could be a profitable Mid-Term investment with a projected 12.5% first-year return on $62,100 initial cash invested.
12.5%
Cash On Cash
11.2%
Cap Rate
1.65
DSCR
$3,106
Rent
$647
Cashflow
Cash Flow
$3,106 income − $2,459 expenses = $647 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,100
Downpayment
20%
$42,000
Closing costs
1%
$2,100
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,106
Total Expenses
$2,459
Mortgage P&I
38%
$1,189
Property Taxes
5%
$140
Home Insurance
2%
$74
HOA
0%
$0
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342