This property could be a profitable Mid-Term investment with a projected 11.87% first-year return on $52,272 initial cash invested.
11.87%
Cash On Cash
11.15%
Cap Rate
1.67
DSCR
$2,262
Rent
$517
Cashflow
Cash Flow
$2,262 income − $1,745 expenses = $517 cash flow
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,272
Downpayment
20%
$32,640
Closing costs
1%
$1,632
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,262
Total Expenses
$1,745
Mortgage P&I
40%
$910
Property Taxes
1%
$21
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$249