This property could be a profitable Mid-Term investment with a projected 18.93% first-year return on $57,039 initial cash invested.
18.93%
Cash On Cash
13.28%
Cap Rate
2.03
DSCR
$3,538
Rent
$900
Cashflow
Cash Flow
$3,538 income − $2,638 expenses = $900 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,039
Downpayment
20%
$37,180
Closing costs
1%
$1,859
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,538
Total Expenses
$2,638
Mortgage P&I
29%
$1,015
Property Taxes
10%
$353
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$425
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$389