This property could be a profitable Mid-Term investment with a projected 12.37% first-year return on $55,798 initial cash invested.
12.37%
Cash On Cash
11.25%
Cap Rate
1.69
DSCR
$2,920
Rent
$575
Cashflow
Cash Flow
$2,920 income − $2,345 expenses = $575 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,798
Downpayment
20%
$35,998
Closing costs
1%
$1,800
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,920
Total Expenses
$2,345
Mortgage P&I
34%
$996
Property Taxes
10%
$293
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$350
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$321