This property could be a profitable Mid-Term investment with a projected 13.56% first-year return on $47,169 initial cash invested.
13.56%
Cash On Cash
12.15%
Cap Rate
1.78
DSCR
$2,050
Rent
$533
Cashflow
Cash Flow
$2,050 income − $1,517 expenses = $533 cash flow
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,169
Downpayment
20%
$27,780
Closing costs
1%
$1,389
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,050
Total Expenses
$1,517
Mortgage P&I
39%
$791
Property Taxes
0%
$4
Home Insurance
1%
$24
HOA
0%
$0
Property Management
12%
$246
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$226