This property could be a profitable Mid-Term investment with a projected 16.3% first-year return on $43,725 initial cash invested.
16.3%
Cash On Cash
13.3%
Cap Rate
2
DSCR
$2,098
Rent
$594
Cashflow
Cash Flow
$2,098 income − $1,504 expenses = $594 cash flow
Investment Breakdown
|
Purchase Price
$123k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,725
Downpayment
20%
$24,500
Closing costs
1%
$1,225
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$2,098
Total Expenses
$1,504
Mortgage P&I
32%
$680
Property Taxes
4%
$75
Home Insurance
2%
$35
HOA
0%
$0
Property Management
12%
$252
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$231