This property could be a profitable Mid-Term investment with a projected 28.09% first-year return on $45,279 initial cash invested.
28.09%
Cash On Cash
17.36%
Cap Rate
2.67
DSCR
$2,865
Rent
$1,060
Cashflow
Cash Flow
$2,865 income − $1,805 expenses = $1,060 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,279
Downpayment
20%
$25,980
Closing costs
1%
$1,299
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,865
Total Expenses
$1,805
Mortgage P&I
25%
$704
Property Taxes
3%
$80
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$344
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$315