This property could be a profitable Mid-Term investment with a projected 13.51% first-year return on $42,024 initial cash invested.
13.51%
Cash On Cash
12.05%
Cap Rate
1.91
DSCR
$1,824
Rent
$473
Cashflow
Cash Flow
$1,824 income − $1,351 expenses = $473 cash flow
Investment Breakdown
|
Purchase Price
$114k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,024
Downpayment
20%
$22,880
Closing costs
1%
$1,144
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$1,824
Total Expenses
$1,351
Mortgage P&I
33%
$603
Property Taxes
5%
$86
Home Insurance
2%
$41
HOA
0%
$0
Property Management
12%
$219
CapEx
4%
$73
Vacancy
3%
$55
Maintenance
4%
$73
Other
11%
$201