This property could be a profitable Mid-Term investment with a projected 12.05% first-year return on $57,081 initial cash invested.
12.05%
Cash On Cash
11.22%
Cap Rate
1.65
DSCR
$2,870
Rent
$573
Cashflow
Cash Flow
$2,870 income − $2,297 expenses = $573 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,081
Downpayment
20%
$37,220
Closing costs
1%
$1,861
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,870
Total Expenses
$2,297
Mortgage P&I
37%
$1,052
Property Taxes
7%
$209
Home Insurance
2%
$60
HOA
0%
$0
Property Management
12%
$344
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316