This property could be a profitable Mid-Term investment with a projected 12.77% first-year return on $54,687 initial cash invested.
12.77%
Cash On Cash
11.49%
Cap Rate
1.71
DSCR
$2,871
Rent
$582
Cashflow
Cash Flow
$2,871 income − $2,289 expenses = $582 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,687
Downpayment
20%
$34,940
Closing costs
1%
$1,747
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,871
Total Expenses
$2,289
Mortgage P&I
34%
$976
Property Taxes
10%
$273
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$345
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316