This property could be a profitable Mid-Term investment with a projected 17.19% first-year return on $49,500 initial cash invested.
17.19%
Cash On Cash
13.09%
Cap Rate
1.97
DSCR
$2,442
Rent
$709
Cashflow
Cash Flow
$2,442 income − $1,733 expenses = $709 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,442
Total Expenses
$1,733
Mortgage P&I
34%
$829
Property Taxes
1%
$21
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$269