This property could be a profitable Mid-Term investment with a projected 23.67% first-year return on $49,479 initial cash invested.
23.67%
Cash On Cash
15.61%
Cap Rate
2.33
DSCR
$3,438
Rent
$976
Cashflow
Cash Flow
$3,438 income − $2,462 expenses = $976 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,438
Total Expenses
$2,462
Mortgage P&I
24%
$836
Property Taxes
12%
$404
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$413
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$378