This property could be a profitable Mid-Term investment with a projected 12.79% first-year return on $55,275 initial cash invested.
12.79%
Cash On Cash
11.53%
Cap Rate
1.7
DSCR
$2,877
Rent
$589
Cashflow
Cash Flow
$2,877 income − $2,288 expenses = $589 cash flow
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,275
Downpayment
20%
$35,500
Closing costs
1%
$1,775
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,877
Total Expenses
$2,288
Mortgage P&I
35%
$1,001
Property Taxes
8%
$235
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$345
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316