This property could be a profitable Mid-Term investment with a projected 10.42% first-year return on $52,062 initial cash invested.
10.42%
Cash On Cash
10.37%
Cap Rate
1.63
DSCR
$2,284
Rent
$452
Cashflow
Cash Flow
$2,284 income − $1,832 expenses = $452 cash flow
Investment Breakdown
|
Purchase Price
$162k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,062
Downpayment
20%
$32,440
Closing costs
1%
$1,622
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,284
Total Expenses
$1,832
Mortgage P&I
38%
$859
Property Taxes
6%
$138
Home Insurance
3%
$59
HOA
0%
$0
Property Management
12%
$274
CapEx
4%
$91
Vacancy
3%
$69
Maintenance
4%
$91
Other
11%
$251