This property could be a profitable Mid-Term investment with a projected 10.34% first-year return on $54,183 initial cash invested.
10.34%
Cash On Cash
10.63%
Cap Rate
1.58
DSCR
$2,274
Rent
$467
Cashflow
Cash Flow
$2,274 income − $1,807 expenses = $467 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,183
Downpayment
20%
$34,460
Closing costs
1%
$1,723
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,274
Total Expenses
$1,807
Mortgage P&I
43%
$969
Property Taxes
0%
$4
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250