This property could be a profitable Mid-Term investment with a projected 24.47% first-year return on $49,815 initial cash invested.
24.47%
Cash On Cash
15.02%
Cap Rate
2.51
DSCR
$3,140
Rent
$1,016
Cashflow
Cash Flow
$3,140 income − $2,124 expenses = $1,016 cash flow
Investment Breakdown
|
Purchase Price
$152k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,815
Downpayment
20%
$30,300
Closing costs
1%
$1,515
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$3,140
Total Expenses
$2,124
Mortgage P&I
24%
$754
Property Taxes
7%
$208
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$377
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$345