This property could be a profitable Mid-Term investment with a projected 24.59% first-year return on $52,650 initial cash invested.
24.59%
Cash On Cash
15.56%
Cap Rate
2.35
DSCR
$3,718
Rent
$1,079
Cashflow
Cash Flow
$3,718 income − $2,639 expenses = $1,079 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,718
Total Expenses
$2,639
Mortgage P&I
25%
$912
Property Taxes
11%
$404
Home Insurance
2%
$58
HOA
0%
$0
Property Management
12%
$446
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$409