This property could be a profitable Mid-Term investment with a projected 19.2% first-year return on $55,800 initial cash invested.
19.2%
Cash On Cash
13.45%
Cap Rate
2.02
DSCR
$3,105
Rent
$893
Cashflow
Cash Flow
$3,105 income − $2,212 expenses = $893 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,800
Downpayment
20%
$36,000
Closing costs
1%
$1,800
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,105
Total Expenses
$2,212
Mortgage P&I
32%
$1,001
Property Taxes
3%
$92
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342