This property could be a profitable Mid-Term investment with a projected 18.69% first-year return on $50,151 initial cash invested.
18.69%
Cash On Cash
13.34%
Cap Rate
2.12
DSCR
$2,956
Rent
$781
Cashflow
Cash Flow
$2,956 income − $2,175 expenses = $781 cash flow
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,151
Downpayment
20%
$30,620
Closing costs
1%
$1,531
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,956
Total Expenses
$2,175
Mortgage P&I
27%
$803
Property Taxes
9%
$273
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325