This property could be a profitable Mid-Term investment with a projected 10.12% first-year return on $54,078 initial cash invested.
10.12%
Cash On Cash
10.36%
Cap Rate
1.59
DSCR
$2,379
Rent
$456
Cashflow
Cash Flow
$2,379 income − $1,923 expenses = $456 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,078
Downpayment
20%
$34,360
Closing costs
1%
$1,718
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,379
Total Expenses
$1,923
Mortgage P&I
39%
$932
Property Taxes
5%
$122
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$285
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$262