This property could be a profitable Mid-Term investment with a projected 38.85% first-year return on $54,708 initial cash invested.
38.85%
Cash On Cash
19.76%
Cap Rate
3.08
DSCR
$4,290
Rent
$1,771
Cashflow
Cash Flow
$4,290 income − $2,519 expenses = $1,771 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,708
Downpayment
20%
$34,960
Closing costs
1%
$1,748
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$4,290
Total Expenses
$2,519
Mortgage P&I
22%
$935
Property Taxes
1%
$59
Home Insurance
2%
$65
HOA
0%
$0
Property Management
12%
$515
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$472