This property could be a profitable Mid-Term investment with a projected 14.07% first-year return on $54,582 initial cash invested.
14.07%
Cash On Cash
11.87%
Cap Rate
1.77
DSCR
$2,722
Rent
$640
Cashflow
Cash Flow
$2,722 income − $2,082 expenses = $640 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,582
Downpayment
20%
$34,840
Closing costs
1%
$1,742
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,722
Total Expenses
$2,082
Mortgage P&I
36%
$974
Property Taxes
4%
$120
Home Insurance
2%
$62
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$299