This property could be a profitable Mid-Term investment with a projected 10.98% first-year return on $59,790 initial cash invested.
10.98%
Cash On Cash
10.33%
Cap Rate
1.61
DSCR
$2,612
Rent
$547
Cashflow
Cash Flow
$2,612 income − $2,065 expenses = $547 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,790
Downpayment
20%
$39,800
Closing costs
1%
$1,990
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,612
Total Expenses
$2,065
Mortgage P&I
41%
$1,062
Property Taxes
2%
$47
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$313
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$287