This property could be a profitable Mid-Term investment with a projected 13.87% first-year return on $58,677 initial cash invested.
13.87%
Cash On Cash
11.62%
Cap Rate
1.75
DSCR
$3,202
Rent
$678
Cashflow
Cash Flow
$3,202 income − $2,524 expenses = $678 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,677
Downpayment
20%
$38,740
Closing costs
1%
$1,937
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,202
Total Expenses
$2,524
Mortgage P&I
33%
$1,070
Property Taxes
9%
$282
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352