This property could be a profitable Mid-Term investment with a projected 10.13% first-year return on $54,603 initial cash invested.
10.13%
Cash On Cash
10.38%
Cap Rate
1.59
DSCR
$2,403
Rent
$461
Cashflow
Cash Flow
$2,403 income − $1,942 expenses = $461 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,603
Downpayment
20%
$34,860
Closing costs
1%
$1,743
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,403
Total Expenses
$1,942
Mortgage P&I
40%
$951
Property Taxes
5%
$127
Home Insurance
2%
$48
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264