This property could be a profitable Mid-Term investment with a projected 16.27% first-year return on $66,804 initial cash invested.
16.27%
Cash On Cash
12.35%
Cap Rate
1.81
DSCR
$4,179
Rent
$906
Cashflow
Cash Flow
$4,179 income − $3,273 expenses = $906 cash flow
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,804
Downpayment
20%
$46,480
Closing costs
1%
$2,324
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$4,179
Total Expenses
$3,273
Mortgage P&I
32%
$1,318
Property Taxes
11%
$453
Home Insurance
2%
$82
HOA
0%
$0
Property Management
12%
$501
CapEx
4%
$167
Vacancy
3%
$125
Maintenance
4%
$167
Other
11%
$460