This property could be a profitable Mid-Term investment with a projected 25.59% first-year return on $44,964 initial cash invested.
25.59%
Cash On Cash
16.56%
Cap Rate
2.55
DSCR
$2,937
Rent
$959
Cashflow
Cash Flow
$2,937 income − $1,978 expenses = $959 cash flow
Investment Breakdown
|
Purchase Price
$128k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,964
Downpayment
20%
$25,680
Closing costs
1%
$1,284
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,937
Total Expenses
$1,978
Mortgage P&I
24%
$696
Property Taxes
7%
$208
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$352
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$323