This property could be a profitable Mid-Term investment with a projected 11.67% first-year return on $54,708 initial cash invested.
11.67%
Cash On Cash
10.99%
Cap Rate
1.67
DSCR
$2,744
Rent
$532
Cashflow
Cash Flow
$2,744 income − $2,212 expenses = $532 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,744
Total Expenses
$2,212
Mortgage P&I
35%
$959
Property Taxes
10%
$271
Home Insurance
2%
$49
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302