This property could be a profitable Mid-Term investment with a projected 22.82% first-year return on $56,955 initial cash invested.
22.82%
Cash On Cash
14.15%
Cap Rate
2.25
DSCR
$3,352
Rent
$1,083
Cashflow
Cash Flow
$3,352 income − $2,269 expenses = $1,083 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,955
Downpayment
20%
$37,100
Closing costs
1%
$1,855
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,352
Total Expenses
$2,269
Mortgage P&I
29%
$970
Property Taxes
3%
$93
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369