This property could be a profitable Mid-Term investment with a projected 16.08% first-year return on $50,739 initial cash invested.
16.08%
Cash On Cash
12.82%
Cap Rate
1.91
DSCR
$2,817
Rent
$680
Cashflow
Cash Flow
$2,817 income − $2,137 expenses = $680 cash flow
Investment Breakdown
|
Purchase Price
$156k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,739
Downpayment
20%
$31,180
Closing costs
1%
$1,559
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,817
Total Expenses
$2,137
Mortgage P&I
31%
$873
Property Taxes
9%
$249
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$310