This property could be a profitable Mid-Term investment with a projected 13.62% first-year return on $51,726 initial cash invested.
13.62%
Cash On Cash
11.51%
Cap Rate
1.79
DSCR
$2,348
Rent
$587
Cashflow
Cash Flow
$2,348 income − $1,761 expenses = $587 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,726
Downpayment
20%
$32,120
Closing costs
1%
$1,606
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,348
Total Expenses
$1,761
Mortgage P&I
37%
$859
Property Taxes
2%
$46
Home Insurance
2%
$58
HOA
0%
$0
Property Management
12%
$282
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258