This property could be a profitable Mid-Term investment with a projected 10.07% first-year return on $43,620 initial cash invested.
10.07%
Cash On Cash
11.01%
Cap Rate
1.63
DSCR
$1,702
Rent
$366
Cashflow
Cash Flow
$1,702 income − $1,336 expenses = $366 cash flow
Investment Breakdown
|
Purchase Price
$122k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,620
Downpayment
20%
$24,400
Closing costs
1%
$1,220
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$1,702
Total Expenses
$1,336
Mortgage P&I
40%
$685
Property Taxes
2%
$33
Home Insurance
2%
$40
HOA
0%
$0
Property Management
12%
$204
CapEx
4%
$68
Vacancy
3%
$51
Maintenance
4%
$68
Other
11%
$187