This property could be a profitable Mid-Term investment with a projected 15.5% first-year return on $36,625 initial cash invested.
15.5%
Cash On Cash
10.39%
Cap Rate
1.62
DSCR
$2,565
Rent
$473
Cashflow
Cash Flow
$2,565 income − $2,092 expenses = $473 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,625
Downpayment
20%
$34,880
Closing costs
1%
$1,744
Rehab
0%
$0
Furnishing
0%
$1
Cashflow
Total Income
$2,565
Total Expenses
$2,092
Mortgage P&I
36%
$934
Property Taxes
9%
$224
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$282