This property could be a profitable Mid-Term investment with a projected 12.56% first-year return on $49,500 initial cash invested.
12.56%
Cash On Cash
11.7%
Cap Rate
1.73
DSCR
$2,445
Rent
$518
Cashflow
Cash Flow
$2,445 income − $1,927 expenses = $518 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,445
Total Expenses
$1,927
Mortgage P&I
35%
$847
Property Taxes
8%
$197
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$269