This property could be a profitable Mid-Term investment with a projected 16.53% first-year return on $54,015 initial cash invested.
16.53%
Cash On Cash
12.55%
Cap Rate
1.95
DSCR
$3,262
Rent
$744
Cashflow
Cash Flow
$3,262 income − $2,518 expenses = $744 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,015
Downpayment
20%
$34,300
Closing costs
1%
$1,715
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,262
Total Expenses
$2,518
Mortgage P&I
28%
$920
Property Taxes
13%
$429
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$391
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$359