This property could be a profitable Mid-Term investment with a projected 29.59% first-year return on $53,332 initial cash invested.
29.59%
Cash On Cash
16.73%
Cap Rate
2.64
DSCR
$3,561
Rent
$1,315
Cashflow
Cash Flow
$3,561 income − $2,246 expenses = $1,315 cash flow
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,332
Downpayment
20%
$33,650
Closing costs
1%
$1,682
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,561
Total Expenses
$2,246
Mortgage P&I
25%
$888
Property Taxes
3%
$89
Home Insurance
2%
$59
HOA
0%
$0
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$392