This property could be a profitable Mid-Term investment with a projected 12.58% first-year return on $55,800 initial cash invested.
12.58%
Cash On Cash
11.13%
Cap Rate
1.71
DSCR
$2,714
Rent
$585
Cashflow
Cash Flow
$2,714 income − $2,129 expenses = $585 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,800
Downpayment
20%
$36,000
Closing costs
1%
$1,800
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,714
Total Expenses
$2,129
Mortgage P&I
36%
$976
Property Taxes
6%
$166
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$81
Maintenance
4%
$109
Other
11%
$299