This property could be a profitable Mid-Term investment with a projected 10.03% first-year return on $49,269 initial cash invested.
10.03%
Cash On Cash
10.7%
Cap Rate
1.59
DSCR
$2,072
Rent
$412
Cashflow
Cash Flow
$2,072 income − $1,660 expenses = $412 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,269
Downpayment
20%
$29,780
Closing costs
1%
$1,489
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,072
Total Expenses
$1,660
Mortgage P&I
40%
$833
Property Taxes
3%
$70
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$249
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$228