This property could be a profitable Mid-Term investment with a projected 13.99% first-year return on $62,856 initial cash invested.
13.99%
Cash On Cash
11.73%
Cap Rate
1.73
DSCR
$3,780
Rent
$733
Cashflow
Cash Flow
$3,780 income − $3,047 expenses = $733 cash flow
Investment Breakdown
|
Purchase Price
$214k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,856
Downpayment
20%
$42,720
Closing costs
1%
$2,136
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,780
Total Expenses
$3,047
Mortgage P&I
32%
$1,204
Property Taxes
13%
$483
Home Insurance
2%
$75
HOA
0%
$0
Property Management
12%
$454
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$416