This property could be a profitable Mid-Term investment with a projected 15.44% first-year return on $51,600 initial cash invested.
15.44%
Cash On Cash
12.52%
Cap Rate
1.9
DSCR
$3,134
Rent
$664
Cashflow
Cash Flow
$3,134 income − $2,470 expenses = $664 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,600
Downpayment
20%
$32,000
Closing costs
1%
$1,600
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,134
Total Expenses
$2,470
Mortgage P&I
28%
$881
Property Taxes
15%
$468
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$345