This property could be a profitable Mid-Term investment with a projected 12.6% first-year return on $54,960 initial cash invested.
12.6%
Cash On Cash
11.42%
Cap Rate
1.68
DSCR
$2,523
Rent
$577
Cashflow
Cash Flow
$2,523 income − $1,946 expenses = $577 cash flow
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,960
Downpayment
20%
$35,200
Closing costs
1%
$1,760
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,523
Total Expenses
$1,946
Mortgage P&I
40%
$997
Property Taxes
1%
$28
Home Insurance
2%
$62
HOA
0%
$0
Property Management
12%
$303
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$278