This property could be a profitable Mid-Term investment with a projected 14.56% first-year return on $49,290 initial cash invested.
14.56%
Cash On Cash
12.27%
Cap Rate
1.88
DSCR
$2,828
Rent
$598
Cashflow
Cash Flow
$2,828 income − $2,230 expenses = $598 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,828
Total Expenses
$2,230
Mortgage P&I
29%
$812
Property Taxes
14%
$405
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$339
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311