This property could be a profitable Mid-Term investment with a projected 11.48% first-year return on $52,587 initial cash invested.
11.48%
Cash On Cash
11.19%
Cap Rate
1.65
DSCR
$2,564
Rent
$503
Cashflow
Cash Flow
$2,564 income − $2,061 expenses = $503 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,587
Downpayment
20%
$32,940
Closing costs
1%
$1,647
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,564
Total Expenses
$2,061
Mortgage P&I
36%
$930
Property Taxes
8%
$200
Home Insurance
2%
$58
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$282