This property could be a profitable Mid-Term investment with a projected 25.75% first-year return on $44,460 initial cash invested.
25.75%
Cash On Cash
16.76%
Cap Rate
2.51
DSCR
$2,625
Rent
$954
Cashflow
Cash Flow
$2,625 income − $1,671 expenses = $954 cash flow
Investment Breakdown
|
Purchase Price
$126k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,460
Downpayment
20%
$25,200
Closing costs
1%
$1,260
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,625
Total Expenses
$1,671
Mortgage P&I
27%
$701
Property Taxes
1%
$33
Home Insurance
2%
$44
HOA
0%
$0
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289