This property could be a profitable Mid-Term investment with a projected 10.78% first-year return on $56,241 initial cash invested.
10.78%
Cash On Cash
10.57%
Cap Rate
1.61
DSCR
$2,568
Rent
$505
Cashflow
Cash Flow
$2,568 income − $2,063 expenses = $505 cash flow
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,241
Downpayment
20%
$36,420
Closing costs
1%
$1,821
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,568
Total Expenses
$2,063
Mortgage P&I
39%
$996
Property Taxes
5%
$124
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$282