This property could be a profitable Mid-Term investment with a projected 27.07% first-year return on $51,243 initial cash invested.
27.07%
Cash On Cash
16.61%
Cap Rate
2.5
DSCR
$3,994
Rent
$1,156
Cashflow
Cash Flow
$3,994 income − $2,838 expenses = $1,156 cash flow
Investment Breakdown
|
Purchase Price
$158k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,243
Downpayment
20%
$31,660
Closing costs
1%
$1,583
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,994
Total Expenses
$2,838
Mortgage P&I
22%
$875
Property Taxes
14%
$549
Home Insurance
1%
$56
HOA
0%
$0
Property Management
12%
$479
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$439