This property could be a profitable Mid-Term investment with a projected 10.54% first-year return on $48,387 initial cash invested.
10.54%
Cash On Cash
10.41%
Cap Rate
1.68
DSCR
$2,020
Rent
$425
Cashflow
Cash Flow
$2,020 income − $1,595 expenses = $425 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,387
Downpayment
20%
$28,940
Closing costs
1%
$1,447
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,020
Total Expenses
$1,595
Mortgage P&I
37%
$749
Property Taxes
5%
$105
Home Insurance
3%
$54
HOA
0%
$0
Property Management
12%
$242
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$222