This property could be a profitable Mid-Term investment with a projected 16.43% first-year return on $52,587 initial cash invested.
16.43%
Cash On Cash
12.72%
Cap Rate
1.93
DSCR
$3,003
Rent
$720
Cashflow
Cash Flow
$3,003 income − $2,283 expenses = $720 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,587
Downpayment
20%
$32,940
Closing costs
1%
$1,647
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,003
Total Expenses
$2,283
Mortgage P&I
30%
$906
Property Taxes
8%
$238
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330