This property could be a profitable Mid-Term investment with a projected 21.89% first-year return on $54,540 initial cash invested.
21.89%
Cash On Cash
14.26%
Cap Rate
2.22
DSCR
$3,465
Rent
$995
Cashflow
Cash Flow
$3,465 income − $2,470 expenses = $995 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,540
Downpayment
20%
$34,800
Closing costs
1%
$1,740
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,465
Total Expenses
$2,470
Mortgage P&I
27%
$933
Property Taxes
3%
$116
Home Insurance
6%
$192
HOA
1%
$50
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381