This property could be a profitable Mid-Term investment with a projected 26.71% first-year return on $57,501 initial cash invested.
26.71%
Cash On Cash
15.56%
Cap Rate
2.41
DSCR
$3,712
Rent
$1,280
Cashflow
Cash Flow
$3,712 income − $2,432 expenses = $1,280 cash flow
Investment Breakdown
|
Purchase Price
$188k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,501
Downpayment
20%
$37,620
Closing costs
1%
$1,881
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,712
Total Expenses
$2,432
Mortgage P&I
27%
$1,011
Property Taxes
3%
$95
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$445
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$408