This property could be a profitable Mid-Term investment with a projected 11.93% first-year return on $57,039 initial cash invested.
11.93%
Cash On Cash
10.9%
Cap Rate
1.66
DSCR
$2,646
Rent
$567
Cashflow
Cash Flow
$2,646 income − $2,079 expenses = $567 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,039
Downpayment
20%
$37,180
Closing costs
1%
$1,859
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,646
Total Expenses
$2,079
Mortgage P&I
38%
$1,015
Property Taxes
4%
$98
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291