This property could be a profitable Mid-Term investment with a projected 14.56% first-year return on $48,807 initial cash invested.
14.56%
Cash On Cash
12.48%
Cap Rate
1.89
DSCR
$3,207
Rent
$592
Cashflow
Cash Flow
$3,207 income − $2,615 expenses = $592 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,807
Downpayment
20%
$29,340
Closing costs
1%
$1,467
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$3,207
Total Expenses
$2,615
Mortgage P&I
25%
$806
Property Taxes
21%
$667
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$385
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$353