This property could be a profitable Mid-Term investment with a projected 16.1% first-year return on $52,629 initial cash invested.
16.1%
Cash On Cash
12.25%
Cap Rate
1.97
DSCR
$3,056
Rent
$706
Cashflow
Cash Flow
$3,056 income − $2,350 expenses = $706 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,629
Downpayment
20%
$32,980
Closing costs
1%
$1,649
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,056
Total Expenses
$2,350
Mortgage P&I
28%
$856
Property Taxes
13%
$397
Home Insurance
2%
$58
HOA
0%
$0
Property Management
12%
$367
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336