This property could be a profitable Mid-Term investment with a projected 20.51% first-year return on $54,708 initial cash invested.
20.51%
Cash On Cash
13.48%
Cap Rate
2.17
DSCR
$3,094
Rent
$935
Cashflow
Cash Flow
$3,094 income − $2,159 expenses = $935 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,708
Downpayment
20%
$34,960
Closing costs
1%
$1,748
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,094
Total Expenses
$2,159
Mortgage P&I
29%
$905
Property Taxes
5%
$153
Home Insurance
2%
$49
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340