This property could be a profitable Mid-Term investment with a projected 17.16% first-year return on $54,750 initial cash invested.
17.16%
Cash On Cash
12.51%
Cap Rate
1.97
DSCR
$2,930
Rent
$783
Cashflow
Cash Flow
$2,930 income − $2,147 expenses = $783 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,930
Total Expenses
$2,147
Mortgage P&I
32%
$924
Property Taxes
6%
$166
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$352
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322