This property could be a profitable Mid-Term investment with a projected 13.44% first-year return on $42,759 initial cash invested.
13.44%
Cash On Cash
12.46%
Cap Rate
1.86
DSCR
$2,211
Rent
$479
Cashflow
Cash Flow
$2,211 income − $1,732 expenses = $479 cash flow
Investment Breakdown
|
Purchase Price
$118k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,759
Downpayment
20%
$23,580
Closing costs
1%
$1,179
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$2,211
Total Expenses
$1,732
Mortgage P&I
30%
$657
Property Taxes
13%
$284
Home Insurance
2%
$41
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243