This property could be a profitable Mid-Term investment with a projected 14.25% first-year return on $54,162 initial cash invested.
14.25%
Cash On Cash
11.2%
Cap Rate
1.88
DSCR
$2,676
Rent
$643
Cashflow
Cash Flow
$2,676 income − $2,033 expenses = $643 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,162
Downpayment
20%
$34,440
Closing costs
1%
$1,722
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,676
Total Expenses
$2,033
Mortgage P&I
32%
$857
Property Taxes
6%
$171
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$321
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$294