This property could be a profitable Mid-Term investment with a projected 12.25% first-year return on $54,078 initial cash invested.
12.25%
Cash On Cash
10.94%
Cap Rate
1.72
DSCR
$2,601
Rent
$552
Cashflow
Cash Flow
$2,601 income − $2,049 expenses = $552 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,078
Downpayment
20%
$34,360
Closing costs
1%
$1,718
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,601
Total Expenses
$2,049
Mortgage P&I
35%
$910
Property Taxes
7%
$192
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$312
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$286