This property could be a profitable Mid-Term investment with a projected 23.43% first-year return on $50,445 initial cash invested.
23.43%
Cash On Cash
14.93%
Cap Rate
2.35
DSCR
$2,956
Rent
$985
Cashflow
Cash Flow
$2,956 income − $1,971 expenses = $985 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,445
Downpayment
20%
$30,900
Closing costs
1%
$1,545
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,956
Total Expenses
$1,971
Mortgage P&I
28%
$819
Property Taxes
3%
$86
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325