This property could be a profitable Mid-Term investment with a projected 15.02% first-year return on $54,582 initial cash invested.
15.02%
Cash On Cash
12.26%
Cap Rate
1.82
DSCR
$3,004
Rent
$683
Cashflow
Cash Flow
$3,004 income − $2,321 expenses = $683 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,582
Downpayment
20%
$34,840
Closing costs
1%
$1,742
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,004
Total Expenses
$2,321
Mortgage P&I
33%
$977
Property Taxes
9%
$261
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330