This property could be a profitable Mid-Term investment with a projected 20.95% first-year return on $52,860 initial cash invested.
20.95%
Cash On Cash
14.22%
Cap Rate
2.15
DSCR
$3,228
Rent
$923
Cashflow
Cash Flow
$3,228 income − $2,305 expenses = $923 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,860
Downpayment
20%
$33,200
Closing costs
1%
$1,660
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,228
Total Expenses
$2,305
Mortgage P&I
28%
$915
Property Taxes
7%
$233
Home Insurance
2%
$60
HOA
0%
$0
Property Management
12%
$387
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355