This property could be a profitable Mid-Term investment with a projected 14.3% first-year return on $49,500 initial cash invested.
14.3%
Cash On Cash
12.07%
Cap Rate
1.82
DSCR
$2,248
Rent
$590
Cashflow
Cash Flow
$2,248 income − $1,658 expenses = $590 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
$2,248
Total Expenses
$1,658
Mortgage P&I
37%
$829
Property Taxes
1%
$13
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$247