This property could be a profitable Mid-Term investment with a projected 11.27% first-year return on $55,884 initial cash invested.
11.27%
Cash On Cash
10.8%
Cap Rate
1.63
DSCR
$2,547
Rent
$525
Cashflow
Cash Flow
$2,547 income − $2,022 expenses = $525 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,884
Downpayment
20%
$36,080
Closing costs
1%
$1,804
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,547
Total Expenses
$2,022
Mortgage P&I
39%
$997
Property Taxes
3%
$80
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$306
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280