This property could be a profitable Mid-Term investment with a projected 11.45% first-year return on $51,579 initial cash invested.
11.45%
Cash On Cash
11.01%
Cap Rate
1.66
DSCR
$2,234
Rent
$492
Cashflow
Cash Flow
$2,234 income − $1,742 expenses = $492 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,234
Total Expenses
$1,742
Mortgage P&I
40%
$886
Property Taxes
2%
$41
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246