This property could be a profitable Mid-Term investment with a projected 10.18% first-year return on $54,603 initial cash invested.
10.18%
Cash On Cash
10.21%
Cap Rate
1.6
DSCR
$2,296
Rent
$463
Cashflow
Cash Flow
$2,296 income − $1,833 expenses = $463 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,603
Downpayment
20%
$34,860
Closing costs
1%
$1,743
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,296
Total Expenses
$1,833
Mortgage P&I
40%
$928
Property Taxes
3%
$60
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253