This property could be a profitable Mid-Term investment with a projected 20.48% first-year return on $47,400 initial cash invested.
20.48%
Cash On Cash
14.35%
Cap Rate
2.19
DSCR
$2,535
Rent
$809
Cashflow
Cash Flow
$2,535 income − $1,726 expenses = $809 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,400
Downpayment
20%
$28,000
Closing costs
1%
$1,400
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,535
Total Expenses
$1,726
Mortgage P&I
30%
$764
Property Taxes
2%
$52
Home Insurance
2%
$49
HOA
0%
$0
Property Management
12%
$304
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$279