This property could be a profitable Mid-Term investment with a projected 13.3% first-year return on $61,827 initial cash invested.
13.3%
Cash On Cash
11.21%
Cap Rate
1.73
DSCR
$3,465
Rent
$685
Cashflow
Cash Flow
$3,465 income − $2,780 expenses = $685 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,827
Downpayment
20%
$41,740
Closing costs
1%
$2,087
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,465
Total Expenses
$2,780
Mortgage P&I
32%
$1,125
Property Taxes
12%
$406
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381