This property could be a profitable Mid-Term investment with a projected 26.48% first-year return on $49,479 initial cash invested.
26.48%
Cash On Cash
16.29%
Cap Rate
2.53
DSCR
$3,495
Rent
$1,092
Cashflow
Cash Flow
$3,495 income − $2,403 expenses = $1,092 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$3,495
Total Expenses
$2,403
Mortgage P&I
23%
$803
Property Taxes
10%
$360
Home Insurance
1%
$52
HOA
0%
$0
Property Management
12%
$419
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$384