This property could be a profitable Mid-Term investment with a projected 10.67% first-year return on $54,750 initial cash invested.
10.67%
Cash On Cash
10.78%
Cap Rate
1.62
DSCR
$2,884
Rent
$487
Cashflow
Cash Flow
$2,884 income − $2,397 expenses = $487 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,884
Total Expenses
$2,397
Mortgage P&I
34%
$970
Property Taxes
13%
$386
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$346
CapEx
4%
$115
Vacancy
3%
$87
Maintenance
4%
$115
Other
11%
$317