This property could be a profitable Mid-Term investment with a projected 21.69% first-year return on $59,475 initial cash invested.
21.69%
Cash On Cash
14.01%
Cap Rate
2.12
DSCR
$3,570
Rent
$1,075
Cashflow
Cash Flow
$3,570 income − $2,495 expenses = $1,075 cash flow
Investment Breakdown
|
Purchase Price
$198k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,475
Downpayment
20%
$39,500
Closing costs
1%
$1,975
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,570
Total Expenses
$2,495
Mortgage P&I
30%
$1,087
Property Taxes
4%
$125
Home Insurance
2%
$69
HOA
0%
$0
Property Management
12%
$428
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$393