This property could be a profitable Mid-Term investment with a projected 10.88% first-year return on $51,831 initial cash invested.
10.88%
Cash On Cash
10.82%
Cap Rate
1.63
DSCR
$2,314
Rent
$470
Cashflow
Cash Flow
$2,314 income − $1,844 expenses = $470 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,831
Downpayment
20%
$32,220
Closing costs
1%
$1,611
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,314
Total Expenses
$1,844
Mortgage P&I
38%
$890
Property Taxes
5%
$108
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$69
Maintenance
4%
$93
Other
11%
$255