This property could be a profitable Mid-Term investment with a projected 26.22% first-year return on $58,677 initial cash invested.
26.22%
Cash On Cash
15.49%
Cap Rate
2.35
DSCR
$3,838
Rent
$1,282
Cashflow
Cash Flow
$3,838 income − $2,556 expenses = $1,282 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,677
Downpayment
20%
$38,740
Closing costs
1%
$1,937
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,838
Total Expenses
$2,556
Mortgage P&I
28%
$1,064
Property Taxes
3%
$134
Home Insurance
1%
$52
HOA
0%
$0
Property Management
12%
$461
CapEx
4%
$154
Vacancy
3%
$115
Maintenance
4%
$154
Other
11%
$422