This property could be a profitable Mid-Term investment with a projected 22.02% first-year return on $51,180 initial cash invested.
22.02%
Cash On Cash
14.76%
Cap Rate
2.2
DSCR
$3,082
Rent
$939
Cashflow
Cash Flow
$3,082 income − $2,143 expenses = $939 cash flow
Investment Breakdown
|
Purchase Price
$158k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,180
Downpayment
20%
$31,600
Closing costs
1%
$1,580
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,082
Total Expenses
$2,143
Mortgage P&I
29%
$882
Property Taxes
5%
$159
Home Insurance
2%
$55
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$339