This property could be a profitable Mid-Term investment with a projected 16.09% first-year return on $50,718 initial cash invested.
16.09%
Cash On Cash
12.8%
Cap Rate
1.89
DSCR
$2,584
Rent
$680
Cashflow
Cash Flow
$2,584 income − $1,904 expenses = $680 cash flow
Investment Breakdown
|
Purchase Price
$156k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,718
Downpayment
20%
$31,160
Closing costs
1%
$1,558
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,584
Total Expenses
$1,904
Mortgage P&I
34%
$879
Property Taxes
2%
$63
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$310
CapEx
4%
$103
Vacancy
3%
$78
Maintenance
4%
$103
Other
11%
$284