This property could be a profitable Mid-Term investment with a projected 10.52% first-year return on $65,334 initial cash invested.
10.52%
Cash On Cash
10.21%
Cap Rate
1.58
DSCR
$3,224
Rent
$573
Cashflow
Cash Flow
$3,224 income − $2,651 expenses = $573 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,334
Downpayment
20%
$45,080
Closing costs
1%
$2,254
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,224
Total Expenses
$2,651
Mortgage P&I
38%
$1,215
Property Taxes
8%
$260
Home Insurance
2%
$79
HOA
0%
$0
Property Management
12%
$387
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355