This property could be a profitable Mid-Term investment with a projected 12.23% first-year return on $60,714 initial cash invested.
12.23%
Cash On Cash
11.1%
Cap Rate
1.65
DSCR
$3,020
Rent
$619
Cashflow
Cash Flow
$3,020 income − $2,401 expenses = $619 cash flow
Investment Breakdown
|
Purchase Price
$203k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,714
Downpayment
20%
$40,680
Closing costs
1%
$2,034
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,020
Total Expenses
$2,401
Mortgage P&I
38%
$1,141
Property Taxes
5%
$162
Home Insurance
2%
$71
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332