This property could be a profitable Mid-Term investment with a projected 10.32% first-year return on $52,650 initial cash invested.
10.32%
Cash On Cash
10.21%
Cap Rate
1.63
DSCR
$2,234
Rent
$453
Cashflow
Cash Flow
$2,234 income − $1,781 expenses = $453 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,234
Total Expenses
$1,781
Mortgage P&I
39%
$862
Property Taxes
5%
$102
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246