This property could be a profitable Mid-Term investment with a projected 10.61% first-year return on $54,750 initial cash invested.
10.61%
Cash On Cash
10.37%
Cap Rate
1.62
DSCR
$2,400
Rent
$484
Cashflow
Cash Flow
$2,400 income − $1,916 expenses = $484 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,400
Total Expenses
$1,916
Mortgage P&I
39%
$933
Property Taxes
4%
$106
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264