This property could be a profitable Mid-Term investment with a projected 13.6% first-year return on $51,705 initial cash invested.
13.6%
Cash On Cash
11.23%
Cap Rate
1.83
DSCR
$2,314
Rent
$586
Cashflow
Cash Flow
$2,314 income − $1,728 expenses = $586 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,705
Downpayment
20%
$32,100
Closing costs
1%
$1,605
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,314
Total Expenses
$1,728
Mortgage P&I
36%
$823
Property Taxes
1%
$16
Home Insurance
4%
$101
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$69
Maintenance
4%
$93
Other
11%
$255