This property could be a profitable Mid-Term investment with a projected 15.32% first-year return on $48,807 initial cash invested.
15.32%
Cash On Cash
12.43%
Cap Rate
1.92
DSCR
$2,666
Rent
$623
Cashflow
Cash Flow
$2,666 income − $2,043 expenses = $623 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,807
Downpayment
20%
$29,340
Closing costs
1%
$1,467
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,666
Total Expenses
$2,043
Mortgage P&I
30%
$790
Property Taxes
11%
$295
Home Insurance
2%
$51
HOA
0%
$0
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$293