This property could be a profitable Mid-Term investment with a projected 10.28% first-year return on $49,500 initial cash invested.
10.28%
Cash On Cash
10.82%
Cap Rate
1.63
DSCR
$2,468
Rent
$424
Cashflow
Cash Flow
$2,468 income − $2,044 expenses = $424 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,468
Total Expenses
$2,044
Mortgage P&I
34%
$829
Property Taxes
13%
$324
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$296
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$271