This property could be a profitable Mid-Term investment with a projected 24.86% first-year return on $47,400 initial cash invested.
24.86%
Cash On Cash
16.09%
Cap Rate
2.39
DSCR
$2,786
Rent
$982
Cashflow
Cash Flow
$2,786 income − $1,804 expenses = $982 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,400
Downpayment
20%
$28,000
Closing costs
1%
$1,400
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,786
Total Expenses
$1,804
Mortgage P&I
28%
$784
Property Taxes
1%
$25
Home Insurance
2%
$49
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$84
Maintenance
4%
$111
Other
11%
$306