This property could be a profitable Mid-Term investment with a projected 10.39% first-year return on $53,700 initial cash invested.
10.39%
Cash On Cash
10.69%
Cap Rate
1.6
DSCR
$2,546
Rent
$465
Cashflow
Cash Flow
$2,546 income − $2,081 expenses = $465 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,700
Downpayment
20%
$34,000
Closing costs
1%
$1,700
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,546
Total Expenses
$2,081
Mortgage P&I
37%
$947
Property Taxes
8%
$208
Home Insurance
2%
$60
HOA
0%
$0
Property Management
12%
$306
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280