This property could be a profitable Mid-Term investment with a projected 27.01% first-year return on $55,170 initial cash invested.
27.01%
Cash On Cash
15.97%
Cap Rate
2.43
DSCR
$3,660
Rent
$1,242
Cashflow
Cash Flow
$3,660 income − $2,418 expenses = $1,242 cash flow
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,170
Downpayment
20%
$35,400
Closing costs
1%
$1,770
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,660
Total Expenses
$2,418
Mortgage P&I
26%
$968
Property Taxes
3%
$101
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$403