This property could be a profitable Mid-Term investment with a projected 10.9% first-year return on $44,712 initial cash invested.
10.9%
Cash On Cash
11.13%
Cap Rate
1.7
DSCR
$1,962
Rent
$406
Cashflow
Cash Flow
$1,962 income − $1,556 expenses = $406 cash flow
Investment Breakdown
|
Purchase Price
$127k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,712
Downpayment
20%
$25,440
Closing costs
1%
$1,272
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,962
Total Expenses
$1,556
Mortgage P&I
35%
$696
Property Taxes
8%
$148
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$235
CapEx
4%
$78
Vacancy
3%
$59
Maintenance
4%
$78
Other
11%
$216