This property could be a profitable Mid-Term investment with a projected 14.36% first-year return on $61,848 initial cash invested.
14.36%
Cash On Cash
11.38%
Cap Rate
1.78
DSCR
$3,228
Rent
$740
Cashflow
Cash Flow
$3,228 income − $2,488 expenses = $740 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,848
Downpayment
20%
$41,760
Closing costs
1%
$2,088
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,228
Total Expenses
$2,488
Mortgage P&I
34%
$1,111
Property Taxes
6%
$206
Home Insurance
2%
$74
HOA
0%
$0
Property Management
12%
$387
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355