This property could be a profitable Mid-Term investment with a projected 17.48% first-year return on $53,679 initial cash invested.
17.48%
Cash On Cash
12.93%
Cap Rate
1.98
DSCR
$3,062
Rent
$782
Cashflow
Cash Flow
$3,062 income − $2,280 expenses = $782 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,679
Downpayment
20%
$33,980
Closing costs
1%
$1,699
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,062
Total Expenses
$2,280
Mortgage P&I
30%
$927
Property Taxes
8%
$253
Home Insurance
2%
$60
HOA
0%
$0
Property Management
12%
$367
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$337