This property could be a profitable Mid-Term investment with a projected 10.99% first-year return on $53,280 initial cash invested.
10.99%
Cash On Cash
10.79%
Cap Rate
1.64
DSCR
$2,553
Rent
$488
Cashflow
Cash Flow
$2,553 income − $2,065 expenses = $488 cash flow
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,280
Downpayment
20%
$33,600
Closing costs
1%
$1,680
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,553
Total Expenses
$2,065
Mortgage P&I
36%
$921
Property Taxes
9%
$217
Home Insurance
2%
$59
HOA
0%
$0
Property Management
12%
$306
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281