This property could be a profitable Mid-Term investment with a projected 27.52% first-year return on $44,397 initial cash invested.
27.52%
Cash On Cash
17.59%
Cap Rate
2.59
DSCR
$2,822
Rent
$1,018
Cashflow
Cash Flow
$2,822 income − $1,804 expenses = $1,018 cash flow
Investment Breakdown
|
Purchase Price
$126k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,397
Downpayment
20%
$25,140
Closing costs
1%
$1,257
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,822
Total Expenses
$1,804
Mortgage P&I
25%
$712
Property Taxes
2%
$48
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$339
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$310