This property could be a profitable Mid-Term investment with a projected 10.77% first-year return on $59,370 initial cash invested.
10.77%
Cash On Cash
10.57%
Cap Rate
1.6
DSCR
$2,996
Rent
$533
Cashflow
Cash Flow
$2,996 income − $2,463 expenses = $533 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,370
Downpayment
20%
$39,400
Closing costs
1%
$1,970
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,996
Total Expenses
$2,463
Mortgage P&I
36%
$1,082
Property Taxes
9%
$284
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330