This property could be a profitable Mid-Term investment with a projected 15.33% first-year return on $48,303 initial cash invested.
15.33%
Cash On Cash
12.67%
Cap Rate
1.88
DSCR
$2,433
Rent
$617
Cashflow
Cash Flow
$2,433 income − $1,816 expenses = $617 cash flow
Investment Breakdown
|
Purchase Price
$144k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,303
Downpayment
20%
$28,860
Closing costs
1%
$1,443
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,433
Total Expenses
$1,816
Mortgage P&I
33%
$810
Property Taxes
5%
$127
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$268