This property could be a profitable Mid-Term investment with a projected 10.21% first-year return on $59,853 initial cash invested.
10.21%
Cash On Cash
10.54%
Cap Rate
1.55
DSCR
$2,836
Rent
$509
Cashflow
Cash Flow
$2,836 income − $2,327 expenses = $509 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,853
Downpayment
20%
$39,860
Closing costs
1%
$1,993
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,836
Total Expenses
$2,327
Mortgage P&I
40%
$1,129
Property Taxes
5%
$128
Home Insurance
2%
$70
HOA
1%
$37
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$312