This property could be a profitable Mid-Term investment with a projected 17.77% first-year return on $55,254 initial cash invested.
17.77%
Cash On Cash
12.61%
Cap Rate
2
DSCR
$2,859
Rent
$818
Cashflow
Cash Flow
$2,859 income − $2,041 expenses = $818 cash flow
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,254
Downpayment
20%
$35,480
Closing costs
1%
$1,774
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,859
Total Expenses
$2,041
Mortgage P&I
33%
$932
Property Taxes
3%
$82
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$343
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314