This property could be a profitable Mid-Term investment with a projected 22.68% first-year return on $43,914 initial cash invested.
22.68%
Cash On Cash
15.47%
Cap Rate
2.39
DSCR
$2,397
Rent
$830
Cashflow
Cash Flow
$2,397 income − $1,567 expenses = $830 cash flow
Investment Breakdown
|
Purchase Price
$123k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,914
Downpayment
20%
$24,680
Closing costs
1%
$1,234
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$2,397
Total Expenses
$1,567
Mortgage P&I
28%
$665
Property Taxes
1%
$30
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264