This property could be a profitable Mid-Term investment with a projected 36.39% first-year return on $57,879 initial cash invested.
36.39%
Cash On Cash
18.69%
Cap Rate
2.89
DSCR
$4,473
Rent
$1,755
Cashflow
Cash Flow
$4,473 income − $2,718 expenses = $1,755 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,879
Downpayment
20%
$37,980
Closing costs
1%
$1,899
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$4,473
Total Expenses
$2,718
Mortgage P&I
23%
$1,023
Property Taxes
2%
$108
Home Insurance
1%
$66
HOA
0%
$0
Property Management
12%
$537
CapEx
4%
$179
Vacancy
3%
$134
Maintenance
4%
$179
Other
11%
$492