This property could be a profitable Mid-Term investment with a projected 13.48% first-year return on $55,800 initial cash invested.
13.48%
Cash On Cash
11.82%
Cap Rate
1.73
DSCR
$3,000
Rent
$627
Cashflow
Cash Flow
$3,000 income − $2,373 expenses = $627 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.7%
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
$3,000
Total Expenses
$2,373
Mortgage P&I
34%
$1,026
Property Taxes
9%
$264
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330