This property could be a profitable Mid-Term investment with a projected 10.25% first-year return on $48,450 initial cash invested.
10.25%
Cash On Cash
10.85%
Cap Rate
1.62
DSCR
$2,156
Rent
$414
Cashflow
Cash Flow
$2,156 income − $1,742 expenses = $414 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,156
Total Expenses
$1,742
Mortgage P&I
38%
$811
Property Taxes
7%
$147
Home Insurance
2%
$51
HOA
0%
$0
Property Management
12%
$259
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$237