This property could be a profitable Mid-Term investment with a projected 17.5% first-year return on $53,154 initial cash invested.
17.5%
Cash On Cash
13%
Cap Rate
1.95
DSCR
$2,780
Rent
$775
Cashflow
Cash Flow
$2,780 income − $2,005 expenses = $775 cash flow
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,154
Downpayment
20%
$33,480
Closing costs
1%
$1,674
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,780
Total Expenses
$2,005
Mortgage P&I
33%
$928
Property Taxes
3%
$92
Home Insurance
1%
$40
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$306