This property could be a profitable Mid-Term investment with a projected 21.34% first-year return on $44,250 initial cash invested.
21.34%
Cash On Cash
15.34%
Cap Rate
2.26
DSCR
$2,600
Rent
$787
Cashflow
Cash Flow
$2,600 income − $1,813 expenses = $787 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,250
Downpayment
20%
$25,000
Closing costs
1%
$1,250
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,600
Total Expenses
$1,813
Mortgage P&I
27%
$707
Property Taxes
7%
$178
Home Insurance
2%
$44
HOA
0%
$0
Property Management
12%
$312
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$286