This property could be a profitable Mid-Term investment with a projected 20.74% first-year return on $49,290 initial cash invested.
20.74%
Cash On Cash
14.14%
Cap Rate
2.23
DSCR
$2,955
Rent
$852
Cashflow
Cash Flow
$2,955 income − $2,103 expenses = $852 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,955
Total Expenses
$2,103
Mortgage P&I
27%
$786
Property Taxes
9%
$260
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325