This property could be a profitable Mid-Term investment with a projected 12.25% first-year return on $52,104 initial cash invested.
12.25%
Cash On Cash
11.24%
Cap Rate
1.7
DSCR
$2,310
Rent
$532
Cashflow
Cash Flow
$2,310 income − $1,778 expenses = $532 cash flow
Investment Breakdown
|
Purchase Price
$162k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,104
Downpayment
20%
$32,480
Closing costs
1%
$1,624
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,310
Total Expenses
$1,778
Mortgage P&I
39%
$897
Property Taxes
1%
$29
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$277
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$254