This property could be a profitable Mid-Term investment with a projected 14.39% first-year return on $54,939 initial cash invested.
14.39%
Cash On Cash
11.71%
Cap Rate
1.82
DSCR
$2,900
Rent
$659
Cashflow
Cash Flow
$2,900 income − $2,241 expenses = $659 cash flow
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,939
Downpayment
20%
$35,180
Closing costs
1%
$1,759
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,900
Total Expenses
$2,241
Mortgage P&I
32%
$941
Property Taxes
9%
$251
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$348
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$319