This property could be a profitable Mid-Term investment with a projected 14.58% first-year return on $43,620 initial cash invested.
14.58%
Cash On Cash
12.29%
Cap Rate
1.94
DSCR
$1,894
Rent
$530
Cashflow
Cash Flow
$1,894 income − $1,364 expenses = $530 cash flow
Investment Breakdown
|
Purchase Price
$122k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,620
Downpayment
20%
$24,400
Closing costs
1%
$1,220
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$1,894
Total Expenses
$1,364
Mortgage P&I
34%
$643
Property Taxes
2%
$34
Home Insurance
2%
$43
HOA
0%
$0
Property Management
12%
$227
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$208