This property could be a profitable Mid-Term investment with a projected 15.89% first-year return on $49,479 initial cash invested.
15.89%
Cash On Cash
12.46%
Cap Rate
1.96
DSCR
$2,708
Rent
$655
Cashflow
Cash Flow
$2,708 income − $2,053 expenses = $655 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,708
Total Expenses
$2,053
Mortgage P&I
29%
$794
Property Taxes
11%
$287
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298