This property could be a profitable Mid-Term investment with a projected 14.76% first-year return on $66,972 initial cash invested.
14.76%
Cash On Cash
11.77%
Cap Rate
1.74
DSCR
$3,692
Rent
$824
Cashflow
Cash Flow
$3,692 income − $2,868 expenses = $824 cash flow
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,972
Downpayment
20%
$46,640
Closing costs
1%
$2,332
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,692
Total Expenses
$2,868
Mortgage P&I
36%
$1,315
Property Taxes
6%
$214
Home Insurance
2%
$83
HOA
0%
$0
Property Management
12%
$443
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$406