This property could be a profitable Mid-Term investment with a projected 16.49% first-year return on $51,600 initial cash invested.
16.49%
Cash On Cash
12.72%
Cap Rate
1.92
DSCR
$2,578
Rent
$709
Cashflow
Cash Flow
$2,578 income − $1,869 expenses = $709 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,600
Downpayment
20%
$32,000
Closing costs
1%
$1,600
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,578
Total Expenses
$1,869
Mortgage P&I
34%
$884
Property Taxes
2%
$53
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$284