This property could be a profitable Mid-Term investment with a projected 13.78% first-year return on $58,005 initial cash invested.
13.78%
Cash On Cash
11.5%
Cap Rate
1.75
DSCR
$2,888
Rent
$666
Cashflow
Cash Flow
$2,888 income − $2,222 expenses = $666 cash flow
Investment Breakdown
|
Purchase Price
$191k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,005
Downpayment
20%
$38,100
Closing costs
1%
$1,905
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,888
Total Expenses
$2,222
Mortgage P&I
36%
$1,044
Property Taxes
3%
$100
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318