This property could be a profitable Mid-Term investment with a projected 10.6% first-year return on $52,650 initial cash invested.
10.6%
Cash On Cash
10.64%
Cap Rate
1.61
DSCR
$2,308
Rent
$465
Cashflow
Cash Flow
$2,308 income − $1,843 expenses = $465 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,308
Total Expenses
$1,843
Mortgage P&I
39%
$906
Property Taxes
4%
$95
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$277
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$254