This property could be a profitable Mid-Term investment with a projected 12.76% first-year return on $55,779 initial cash invested.
12.76%
Cash On Cash
11.46%
Cap Rate
1.7
DSCR
$2,926
Rent
$593
Cashflow
Cash Flow
$2,926 income − $2,333 expenses = $593 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,779
Downpayment
20%
$35,980
Closing costs
1%
$1,799
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,926
Total Expenses
$2,333
Mortgage P&I
34%
$1,008
Property Taxes
9%
$265
Home Insurance
2%
$65
HOA
0%
$0
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322