This property could be a profitable Mid-Term investment with a projected 19.84% first-year return on $54,750 initial cash invested.
19.84%
Cash On Cash
13.52%
Cap Rate
2.09
DSCR
$3,104
Rent
$905
Cashflow
Cash Flow
$3,104 income − $2,199 expenses = $905 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.1%
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
$3,104
Total Expenses
$2,199
Mortgage P&I
30%
$943
Property Taxes
5%
$141
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$372
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$341