This property could be a profitable Mid-Term investment with a projected 12.22% first-year return on $49,500 initial cash invested.
12.22%
Cash On Cash
11.46%
Cap Rate
1.71
DSCR
$2,236
Rent
$504
Cashflow
Cash Flow
$2,236 income − $1,732 expenses = $504 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,236
Total Expenses
$1,732
Mortgage P&I
38%
$840
Property Taxes
4%
$81
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246