This property could be a profitable Mid-Term investment with a projected 10.6% first-year return on $52,167 initial cash invested.
10.6%
Cash On Cash
10.63%
Cap Rate
1.64
DSCR
$2,476
Rent
$461
Cashflow
Cash Flow
$2,476 income − $2,015 expenses = $461 cash flow
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,167
Downpayment
20%
$32,540
Closing costs
1%
$1,627
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,476
Total Expenses
$2,015
Mortgage P&I
36%
$881
Property Taxes
10%
$237
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$297
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$272