This property could be a profitable Mid-Term investment with a projected 13.86% first-year return on $52,818 initial cash invested.
13.86%
Cash On Cash
11.36%
Cap Rate
1.81
DSCR
$2,322
Rent
$610
Cashflow
Cash Flow
$2,322 income − $1,712 expenses = $610 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,818
Downpayment
20%
$33,160
Closing costs
1%
$1,658
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,322
Total Expenses
$1,712
Mortgage P&I
37%
$867
Property Taxes
1%
$26
Home Insurance
1%
$29
HOA
0%
$0
Property Management
12%
$279
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$255