This property could be a profitable Mid-Term investment with a projected 24.83% first-year return on $49,395 initial cash invested.
24.83%
Cash On Cash
15.84%
Cap Rate
2.38
DSCR
$3,027
Rent
$1,022
Cashflow
Cash Flow
$3,027 income − $2,005 expenses = $1,022 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,395
Downpayment
20%
$29,900
Closing costs
1%
$1,495
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$3,027
Total Expenses
$2,005
Mortgage P&I
27%
$830
Property Taxes
3%
$80
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333