This property could be a profitable Mid-Term investment with a projected 15.52% first-year return on $44,229 initial cash invested.
15.52%
Cash On Cash
12.86%
Cap Rate
1.95
DSCR
$2,037
Rent
$572
Cashflow
Cash Flow
$2,037 income − $1,465 expenses = $572 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,229
Downpayment
20%
$24,980
Closing costs
1%
$1,249
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,037
Total Expenses
$1,465
Mortgage P&I
34%
$686
Property Taxes
2%
$44
Home Insurance
2%
$44
HOA
0%
$0
Property Management
12%
$244
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$224