This property could be a profitable Mid-Term investment with a projected 11.55% first-year return on $55,800 initial cash invested.
11.55%
Cash On Cash
11.03%
Cap Rate
1.64
DSCR
$2,700
Rent
$537
Cashflow
Cash Flow
$2,700 income − $2,163 expenses = $537 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,800
Downpayment
20%
$36,000
Closing costs
1%
$1,800
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,700
Total Expenses
$2,163
Mortgage P&I
37%
$1,009
Property Taxes
6%
$173
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297