This property could be a profitable Mid-Term investment with a projected 13.1% first-year return on $51,579 initial cash invested.
13.1%
Cash On Cash
11.67%
Cap Rate
1.78
DSCR
$2,954
Rent
$563
Cashflow
Cash Flow
$2,954 income − $2,391 expenses = $563 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,954
Total Expenses
$2,391
Mortgage P&I
30%
$874
Property Taxes
15%
$457
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325