This property could be a profitable Mid-Term investment with a projected 17.73% first-year return on $68,106 initial cash invested.
17.73%
Cash On Cash
12.45%
Cap Rate
1.89
DSCR
$4,026
Rent
$1,006
Cashflow
Cash Flow
$4,026 income − $3,020 expenses = $1,006 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,106
Downpayment
20%
$47,720
Closing costs
1%
$2,386
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$4,026
Total Expenses
$3,020
Mortgage P&I
33%
$1,309
Property Taxes
6%
$260
Home Insurance
2%
$82
HOA
0%
$0
Property Management
12%
$483
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$443