This property could be a profitable Mid-Term investment with a projected 20.77% first-year return on $49,290 initial cash invested.
20.77%
Cash On Cash
14.55%
Cap Rate
2.14
DSCR
$2,706
Rent
$853
Cashflow
Cash Flow
$2,706 income − $1,853 expenses = $853 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,706
Total Expenses
$1,853
Mortgage P&I
31%
$846
Property Taxes
1%
$35
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298