This property could be a profitable Mid-Term investment with a projected 11.06% first-year return on $53,490 initial cash invested.
11.06%
Cash On Cash
10.87%
Cap Rate
1.64
DSCR
$2,592
Rent
$493
Cashflow
Cash Flow
$2,592 income − $2,099 expenses = $493 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,490
Downpayment
20%
$33,800
Closing costs
1%
$1,690
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,592
Total Expenses
$2,099
Mortgage P&I
36%
$934
Property Taxes
9%
$224
Home Insurance
2%
$59
HOA
0%
$0
Property Management
12%
$311
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$285