This property could be a profitable Mid-Term investment with a projected 13.1% first-year return on $48,450 initial cash invested.
13.1%
Cash On Cash
11.74%
Cap Rate
1.77
DSCR
$2,174
Rent
$529
Cashflow
Cash Flow
$2,174 income − $1,645 expenses = $529 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,174
Total Expenses
$1,645
Mortgage P&I
37%
$802
Property Taxes
2%
$53
Home Insurance
2%
$51
HOA
0%
$0
Property Management
12%
$261
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$239