This property could be a profitable Mid-Term investment with a projected 10.01% first-year return on $62,079 initial cash invested.
10.01%
Cash On Cash
10.03%
Cap Rate
1.56
DSCR
$2,769
Rent
$518
Cashflow
Cash Flow
$2,769 income − $2,251 expenses = $518 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,079
Downpayment
20%
$41,980
Closing costs
1%
$2,099
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,769
Total Expenses
$2,251
Mortgage P&I
41%
$1,126
Property Taxes
4%
$109
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$305