This property could be a profitable Mid-Term investment with a projected 16.59% first-year return on $54,750 initial cash invested.
16.59%
Cash On Cash
12.72%
Cap Rate
1.9
DSCR
$3,032
Rent
$757
Cashflow
Cash Flow
$3,032 income − $2,275 expenses = $757 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,032
Total Expenses
$2,275
Mortgage P&I
32%
$977
Property Taxes
7%
$206
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$334