This property could be a profitable Mid-Term investment with a projected 11.76% first-year return on $54,897 initial cash invested.
11.76%
Cash On Cash
11.08%
Cap Rate
1.67
DSCR
$2,828
Rent
$538
Cashflow
Cash Flow
$2,828 income − $2,290 expenses = $538 cash flow
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,897
Downpayment
20%
$35,140
Closing costs
1%
$1,757
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,828
Total Expenses
$2,290
Mortgage P&I
34%
$971
Property Taxes
11%
$323
Home Insurance
1%
$35
HOA
0%
$0
Property Management
12%
$339
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311