This property could be a profitable Mid-Term investment with a projected 20.35% first-year return on $63,990 initial cash invested.
20.35%
Cash On Cash
13.12%
Cap Rate
2.11
DSCR
$4,398
Rent
$1,085
Cashflow
Cash Flow
$4,398 income − $3,313 expenses = $1,085 cash flow
Investment Breakdown
|
Purchase Price
$219k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,990
Downpayment
20%
$43,800
Closing costs
1%
$2,190
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$4,398
Total Expenses
$3,313
Mortgage P&I
26%
$1,134
Property Taxes
14%
$606
Home Insurance
2%
$77
HOA
0%
$0
Property Management
12%
$528
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$484