This property could be a profitable Mid-Term investment with a projected 17.32% first-year return on $59,034 initial cash invested.
17.32%
Cash On Cash
12.75%
Cap Rate
1.89
DSCR
$3,190
Rent
$852
Cashflow
Cash Flow
$3,190 income − $2,338 expenses = $852 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,034
Downpayment
20%
$39,080
Closing costs
1%
$1,954
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,190
Total Expenses
$2,338
Mortgage P&I
34%
$1,096
Property Taxes
3%
$86
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351