This property could be a profitable Mid-Term investment with a projected 15.21% first-year return on $65,880 initial cash invested.
15.21%
Cash On Cash
11.56%
Cap Rate
1.79
DSCR
$3,306
Rent
$835
Cashflow
Cash Flow
$3,306 income − $2,471 expenses = $835 cash flow
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,880
Downpayment
20%
$45,600
Closing costs
1%
$2,280
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,306
Total Expenses
$2,471
Mortgage P&I
37%
$1,229
Property Taxes
1%
$30
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$397
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$364