This property could be a profitable Mid-Term investment with a projected 21.2% first-year return on $55,590 initial cash invested.
21.2%
Cash On Cash
14.09%
Cap Rate
2.11
DSCR
$3,116
Rent
$982
Cashflow
Cash Flow
$3,116 income − $2,134 expenses = $982 cash flow
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,590
Downpayment
20%
$35,800
Closing costs
1%
$1,790
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,116
Total Expenses
$2,134
Mortgage P&I
32%
$995
Property Taxes
1%
$16
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$93
Maintenance
4%
$125
Other
11%
$343