This property could be a profitable Mid-Term investment with a projected 13.44% first-year return on $49,479 initial cash invested.
13.44%
Cash On Cash
11.74%
Cap Rate
1.8
DSCR
$2,466
Rent
$554
Cashflow
Cash Flow
$2,466 income − $1,912 expenses = $554 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,466
Total Expenses
$1,912
Mortgage P&I
33%
$814
Property Taxes
8%
$207
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$296
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$271