This property could be a profitable Mid-Term investment with a projected 12.65% first-year return on $58,929 initial cash invested.
12.65%
Cash On Cash
10.95%
Cap Rate
1.69
DSCR
$2,708
Rent
$621
Cashflow
Cash Flow
$2,708 income − $2,087 expenses = $621 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,929
Downpayment
20%
$38,980
Closing costs
1%
$1,949
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,708
Total Expenses
$2,087
Mortgage P&I
39%
$1,050
Property Taxes
2%
$61
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298