This property could be a profitable Mid-Term investment with a projected 10.88% first-year return on $51,390 initial cash invested.
10.88%
Cash On Cash
11.03%
Cap Rate
1.64
DSCR
$2,586
Rent
$466
Cashflow
Cash Flow
$2,586 income − $2,120 expenses = $466 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,390
Downpayment
20%
$31,800
Closing costs
1%
$1,590
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,586
Total Expenses
$2,120
Mortgage P&I
34%
$892
Property Taxes
11%
$294
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$310
CapEx
4%
$103
Vacancy
3%
$78
Maintenance
4%
$103
Other
11%
$284