This property could be a profitable Mid-Term investment with a projected 12.63% first-year return on $64,725 initial cash invested.
12.63%
Cash On Cash
11.32%
Cap Rate
1.65
DSCR
$3,693
Rent
$681
Cashflow
Cash Flow
$3,693 income − $3,012 expenses = $681 cash flow
Investment Breakdown
|
Purchase Price
$223k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,725
Downpayment
20%
$44,500
Closing costs
1%
$2,225
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,693
Total Expenses
$3,012
Mortgage P&I
34%
$1,269
Property Taxes
11%
$409
Home Insurance
2%
$78
HOA
0%
$0
Property Management
12%
$443
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$406