This property could be a profitable Mid-Term investment with a projected 12.79% first-year return on $55,149 initial cash invested.
12.79%
Cash On Cash
11.09%
Cap Rate
1.73
DSCR
$2,500
Rent
$588
Cashflow
Cash Flow
$2,500 income − $1,912 expenses = $588 cash flow
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,149
Downpayment
20%
$35,380
Closing costs
1%
$1,769
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,500
Total Expenses
$1,912
Mortgage P&I
38%
$947
Property Taxes
2%
$59
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$300
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$275