This property could be a profitable Mid-Term investment with a projected 15.47% first-year return on $53,301 initial cash invested.
15.47%
Cash On Cash
12.26%
Cap Rate
1.87
DSCR
$2,823
Rent
$687
Cashflow
Cash Flow
$2,823 income − $2,136 expenses = $687 cash flow
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,301
Downpayment
20%
$33,620
Closing costs
1%
$1,681
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,823
Total Expenses
$2,136
Mortgage P&I
33%
$918
Property Taxes
7%
$187
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$339
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311