This property could be a profitable Mid-Term investment with a projected 21.52% first-year return on $61,449 initial cash invested.
21.52%
Cash On Cash
13.88%
Cap Rate
2.1
DSCR
$3,832
Rent
$1,102
Cashflow
Cash Flow
$3,832 income − $2,730 expenses = $1,102 cash flow
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,449
Downpayment
20%
$41,380
Closing costs
1%
$2,069
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,832
Total Expenses
$2,730
Mortgage P&I
30%
$1,139
Property Taxes
5%
$208
Home Insurance
2%
$80
HOA
0%
$0
Property Management
12%
$460
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$422