This property could be a profitable Mid-Term investment with a projected 11.81% first-year return on $55,968 initial cash invested.
11.81%
Cash On Cash
11.04%
Cap Rate
1.64
DSCR
$2,516
Rent
$551
Cashflow
Cash Flow
$2,516 income − $1,965 expenses = $551 cash flow
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,968
Downpayment
20%
$36,160
Closing costs
1%
$1,808
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,516
Total Expenses
$1,965
Mortgage P&I
40%
$1,012
Property Taxes
1%
$34
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$75
Maintenance
4%
$101
Other
11%
$277