This property could be a profitable Mid-Term investment with a projected 27.9% first-year return on $64,179 initial cash invested.
27.9%
Cash On Cash
15.68%
Cap Rate
2.39
DSCR
$4,449
Rent
$1,492
Cashflow
Cash Flow
$4,449 income − $2,957 expenses = $1,492 cash flow
Investment Breakdown
|
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,179
Downpayment
20%
$43,980
Closing costs
1%
$2,199
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$4,449
Total Expenses
$2,957
Mortgage P&I
27%
$1,203
Property Taxes
4%
$165
Home Insurance
2%
$77
HOA
0%
$0
Property Management
12%
$534
CapEx
4%
$178
Vacancy
3%
$133
Maintenance
4%
$178
Other
11%
$489