This property could be a profitable Mid-Term investment with a projected 11.24% first-year return on $52,314 initial cash invested.
11.24%
Cash On Cash
10.94%
Cap Rate
1.65
DSCR
$2,454
Rent
$490
Cashflow
Cash Flow
$2,454 income − $1,964 expenses = $490 cash flow
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,314
Downpayment
20%
$32,680
Closing costs
1%
$1,634
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,454
Total Expenses
$1,964
Mortgage P&I
37%
$901
Property Taxes
7%
$169
Home Insurance
2%
$60
HOA
0%
$0
Property Management
12%
$294
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$270