This property could be a profitable Mid-Term investment with a projected 18.47% first-year return on $51,600 initial cash invested.
18.47%
Cash On Cash
13.51%
Cap Rate
2.01
DSCR
$2,834
Rent
$794
Cashflow
Cash Flow
$2,834 income − $2,040 expenses = $794 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,600
Downpayment
20%
$32,000
Closing costs
1%
$1,600
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,834
Total Expenses
$2,040
Mortgage P&I
32%
$895
Property Taxes
4%
$126
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$312