This property could be a profitable Mid-Term investment with a projected 17.3% first-year return on $47,988 initial cash invested.
17.3%
Cash On Cash
13.32%
Cap Rate
2.01
DSCR
$2,626
Rent
$692
Cashflow
Cash Flow
$2,626 income − $1,934 expenses = $692 cash flow
Investment Breakdown
|
Purchase Price
$143k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,988
Downpayment
20%
$28,560
Closing costs
1%
$1,428
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,626
Total Expenses
$1,934
Mortgage P&I
30%
$788
Property Taxes
8%
$197
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289