This property could be a profitable Mid-Term investment with a projected 12.33% first-year return on $52,860 initial cash invested.
12.33%
Cash On Cash
11.01%
Cap Rate
1.75
DSCR
$2,772
Rent
$543
Cashflow
Cash Flow
$2,772 income − $2,229 expenses = $543 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,860
Downpayment
20%
$33,200
Closing costs
1%
$1,660
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,772
Total Expenses
$2,229
Mortgage P&I
31%
$869
Property Taxes
13%
$359
Home Insurance
2%
$58
HOA
0%
$0
Property Management
12%
$333
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$305