This property could be a profitable Mid-Term investment with a projected 14.1% first-year return on $67,476 initial cash invested.
14.1%
Cash On Cash
11.3%
Cap Rate
1.74
DSCR
$3,766
Rent
$793
Cashflow
Cash Flow
$3,766 income − $2,973 expenses = $793 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,476
Downpayment
20%
$47,120
Closing costs
1%
$2,356
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,766
Total Expenses
$2,973
Mortgage P&I
34%
$1,275
Property Taxes
9%
$321
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$452
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$414