This property could be a profitable Mid-Term investment with a projected 10.73% first-year return on $53,700 initial cash invested.
10.73%
Cash On Cash
10.84%
Cap Rate
1.63
DSCR
$2,838
Rent
$480
Cashflow
Cash Flow
$2,838 income − $2,358 expenses = $480 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,700
Downpayment
20%
$34,000
Closing costs
1%
$1,700
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,838
Total Expenses
$2,358
Mortgage P&I
33%
$942
Property Taxes
14%
$390
Home Insurance
2%
$60
HOA
0%
$0
Property Management
12%
$341
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$312