This property could be a profitable Mid-Term investment with a projected 23.29% first-year return on $51,579 initial cash invested.
23.29%
Cash On Cash
15.14%
Cap Rate
2.26
DSCR
$3,070
Rent
$1,001
Cashflow
Cash Flow
$3,070 income − $2,069 expenses = $1,001 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,070
Total Expenses
$2,069
Mortgage P&I
29%
$894
Property Taxes
2%
$75
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338