This property could be a profitable Mid-Term investment with a projected 11.69% first-year return on $54,708 initial cash invested.
11.69%
Cash On Cash
11.11%
Cap Rate
1.66
DSCR
$2,698
Rent
$533
Cashflow
Cash Flow
$2,698 income − $2,165 expenses = $533 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,708
Downpayment
20%
$34,960
Closing costs
1%
$1,748
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,698
Total Expenses
$2,165
Mortgage P&I
36%
$978
Property Taxes
8%
$208
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297