This property could be a profitable Mid-Term investment with a projected 20.28% first-year return on $52,965 initial cash invested.
20.28%
Cash On Cash
13.83%
Cap Rate
2.14
DSCR
$3,219
Rent
$895
Cashflow
Cash Flow
$3,219 income − $2,324 expenses = $895 cash flow
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,965
Downpayment
20%
$33,300
Closing costs
1%
$1,665
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,219
Total Expenses
$2,324
Mortgage P&I
28%
$895
Property Taxes
9%
$276
Home Insurance
2%
$58
HOA
0%
$0
Property Management
12%
$386
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$354