This property could be a profitable Mid-Term investment with a projected 15.39% first-year return on $50,590 initial cash invested.
15.39%
Cash On Cash
10.5%
Cap Rate
1.58
DSCR
$3,177
Rent
$649
Cashflow
Cash Flow
$3,177 income − $2,528 expenses = $649 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,590
Downpayment
20%
$48,180
Closing costs
1%
$2,409
Rehab
0%
$0
Furnishing
0%
$1
Cashflow
Total Income
$3,177
Total Expenses
$2,528
Mortgage P&I
42%
$1,331
Property Taxes
1%
$34
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349