This property could be a profitable Mid-Term investment with a projected 10.71% first-year return on $47,295 initial cash invested.
10.71%
Cash On Cash
11.13%
Cap Rate
1.65
DSCR
$2,256
Rent
$422
Cashflow
Cash Flow
$2,256 income − $1,834 expenses = $422 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,295
Downpayment
20%
$27,900
Closing costs
1%
$1,395
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,256
Total Expenses
$1,834
Mortgage P&I
35%
$782
Property Taxes
6%
$131
Home Insurance
2%
$49
HOA
5%
$105
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248