This property could be a profitable Mid-Term investment with a projected 13.79% first-year return on $55,779 initial cash invested.
13.79%
Cash On Cash
11.65%
Cap Rate
1.76
DSCR
$2,812
Rent
$641
Cashflow
Cash Flow
$2,812 income − $2,171 expenses = $641 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,779
Downpayment
20%
$35,980
Closing costs
1%
$1,799
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,812
Total Expenses
$2,171
Mortgage P&I
35%
$994
Property Taxes
6%
$160
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$337
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$309