This property could be a profitable Mid-Term investment with a projected 12.19% first-year return on $54,750 initial cash invested.
12.19%
Cash On Cash
11.25%
Cap Rate
1.67
DSCR
$2,584
Rent
$556
Cashflow
Cash Flow
$2,584 income − $2,028 expenses = $556 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,584
Total Expenses
$2,028
Mortgage P&I
38%
$982
Property Taxes
4%
$107
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$310
CapEx
4%
$103
Vacancy
3%
$78
Maintenance
4%
$103
Other
11%
$284