This property could be a profitable Mid-Term investment with a projected 14.07% first-year return on $54,750 initial cash invested.
14.07%
Cash On Cash
11.93%
Cap Rate
1.77
DSCR
$2,847
Rent
$642
Cashflow
Cash Flow
$2,847 income − $2,205 expenses = $642 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,847
Total Expenses
$2,205
Mortgage P&I
35%
$984
Property Taxes
7%
$192
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313