This property could be a profitable Mid-Term investment with a projected 11.4% first-year return on $51,579 initial cash invested.
11.4%
Cash On Cash
11.16%
Cap Rate
1.66
DSCR
$2,469
Rent
$490
Cashflow
Cash Flow
$2,469 income − $1,979 expenses = $490 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,469
Total Expenses
$1,979
Mortgage P&I
36%
$898
Property Taxes
7%
$185
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$296
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$272