This property could be a profitable Mid-Term investment with a projected 12.36% first-year return on $53,700 initial cash invested.
12.36%
Cash On Cash
11.07%
Cap Rate
1.71
DSCR
$2,445
Rent
$553
Cashflow
Cash Flow
$2,445 income − $1,892 expenses = $553 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,700
Downpayment
20%
$34,000
Closing costs
1%
$1,700
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,445
Total Expenses
$1,892
Mortgage P&I
38%
$917
Property Taxes
3%
$84
Home Insurance
2%
$60
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$269