This property could be a profitable Mid-Term investment with a projected 12.69% first-year return on $62,226 initial cash invested.
12.69%
Cash On Cash
10.96%
Cap Rate
1.69
DSCR
$3,118
Rent
$658
Cashflow
Cash Flow
$3,118 income − $2,460 expenses = $658 cash flow
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,226
Downpayment
20%
$42,120
Closing costs
1%
$2,106
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,118
Total Expenses
$2,460
Mortgage P&I
37%
$1,140
Property Taxes
3%
$82
Home Insurance
2%
$77
HOA
3%
$100
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$343