This property could be a profitable Mid-Term investment with a projected 11.65% first-year return on $51,831 initial cash invested.
11.65%
Cash On Cash
11.07%
Cap Rate
1.68
DSCR
$2,490
Rent
$503
Cashflow
Cash Flow
$2,490 income − $1,987 expenses = $503 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,831
Downpayment
20%
$32,220
Closing costs
1%
$1,611
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,490
Total Expenses
$1,987
Mortgage P&I
35%
$883
Property Taxes
7%
$179
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$299
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$274