This property could be a profitable Mid-Term investment with a projected 10.97% first-year return on $49,206 initial cash invested.
10.97%
Cash On Cash
11.06%
Cap Rate
1.64
DSCR
$2,130
Rent
$450
Cashflow
Cash Flow
$2,130 income − $1,680 expenses = $450 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,206
Downpayment
20%
$29,720
Closing costs
1%
$1,486
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,130
Total Expenses
$1,680
Mortgage P&I
39%
$834
Property Taxes
3%
$71
Home Insurance
2%
$51
HOA
0%
$0
Property Management
12%
$256
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$234