This property could be a profitable Mid-Term investment with a projected 14.69% first-year return on $53,490 initial cash invested.
14.69%
Cash On Cash
11.98%
Cap Rate
1.85
DSCR
$3,020
Rent
$655
Cashflow
Cash Flow
$3,020 income − $2,365 expenses = $655 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,490
Downpayment
20%
$33,800
Closing costs
1%
$1,690
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,020
Total Expenses
$2,365
Mortgage P&I
30%
$911
Property Taxes
12%
$368
Home Insurance
2%
$59
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332