This property could be a profitable Mid-Term investment with a projected 12.28% first-year return on $55,800 initial cash invested.
12.28%
Cash On Cash
10.95%
Cap Rate
1.71
DSCR
$2,820
Rent
$571
Cashflow
Cash Flow
$2,820 income − $2,249 expenses = $571 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,800
Downpayment
20%
$36,000
Closing costs
1%
$1,800
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,820
Total Expenses
$2,249
Mortgage P&I
34%
$958
Property Taxes
10%
$269
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$310