This property could be a profitable Mid-Term investment with a projected 18.3% first-year return on $42,486 initial cash invested.
18.3%
Cash On Cash
14.37%
Cap Rate
2.15
DSCR
$2,440
Rent
$648
Cashflow
Cash Flow
$2,440 income − $1,792 expenses = $648 cash flow
Investment Breakdown
|
Purchase Price
$117k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,486
Downpayment
20%
$23,320
Closing costs
1%
$1,166
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$2,440
Total Expenses
$1,792
Mortgage P&I
27%
$650
Property Taxes
12%
$282
Home Insurance
1%
$30
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$268