This property could be a profitable Mid-Term investment with a projected 10.61% first-year return on $48,198 initial cash invested.
10.61%
Cash On Cash
10.9%
Cap Rate
1.64
DSCR
$2,118
Rent
$426
Cashflow
Cash Flow
$2,118 income − $1,692 expenses = $426 cash flow
Investment Breakdown
|
Purchase Price
$144k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,198
Downpayment
20%
$28,760
Closing costs
1%
$1,438
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,118
Total Expenses
$1,692
Mortgage P&I
38%
$795
Property Taxes
6%
$120
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$254
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$233