This property could be a profitable Mid-Term investment with a projected 13.41% first-year return on $49,500 initial cash invested.
13.41%
Cash On Cash
12.06%
Cap Rate
1.78
DSCR
$2,640
Rent
$553
Cashflow
Cash Flow
$2,640 income − $2,087 expenses = $553 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,640
Total Expenses
$2,087
Mortgage P&I
32%
$849
Property Taxes
11%
$288
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$317
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$290