This property could be a profitable Mid-Term investment with a projected 15.97% first-year return on $59,433 initial cash invested.
15.97%
Cash On Cash
11.97%
Cap Rate
1.91
DSCR
$3,726
Rent
$791
Cashflow
Cash Flow
$3,726 income − $2,935 expenses = $791 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,433
Downpayment
20%
$39,460
Closing costs
1%
$1,973
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,726
Total Expenses
$2,935
Mortgage P&I
28%
$1,028
Property Taxes
15%
$570
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410