This property could be a profitable Mid-Term investment with a projected 16.39% first-year return on $49,479 initial cash invested.
16.39%
Cash On Cash
12.78%
Cap Rate
1.97
DSCR
$2,778
Rent
$676
Cashflow
Cash Flow
$2,778 income − $2,102 expenses = $676 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,778
Total Expenses
$2,102
Mortgage P&I
29%
$809
Property Taxes
11%
$297
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$333
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$306