This property could be a profitable Mid-Term investment with a projected 16.11% first-year return on $54,750 initial cash invested.
16.11%
Cash On Cash
12.12%
Cap Rate
1.92
DSCR
$2,739
Rent
$735
Cashflow
Cash Flow
$2,739 income − $2,004 expenses = $735 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,739
Total Expenses
$2,004
Mortgage P&I
34%
$922
Property Taxes
3%
$89
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$301