This property could be a profitable Mid-Term investment with a projected 16.85% first-year return on $53,700 initial cash invested.
16.85%
Cash On Cash
12.59%
Cap Rate
1.95
DSCR
$2,862
Rent
$754
Cashflow
Cash Flow
$2,862 income − $2,108 expenses = $754 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,700
Downpayment
20%
$34,000
Closing costs
1%
$1,700
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,862
Total Expenses
$2,108
Mortgage P&I
32%
$915
Property Taxes
6%
$161
Home Insurance
2%
$60
HOA
0%
$0
Property Management
12%
$343
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$315