This property could be a profitable Mid-Term investment with a projected 13.03% first-year return on $53,679 initial cash invested.
13.03%
Cash On Cash
11.65%
Cap Rate
1.71
DSCR
$2,592
Rent
$583
Cashflow
Cash Flow
$2,592 income − $2,009 expenses = $583 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,679
Downpayment
20%
$33,980
Closing costs
1%
$1,699
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,592
Total Expenses
$2,009
Mortgage P&I
37%
$963
Property Taxes
4%
$104
Home Insurance
2%
$60
HOA
0%
$0
Property Management
12%
$311
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$285