This property could be a profitable Mid-Term investment with a projected 17.92% first-year return on $49,490 initial cash invested.
17.92%
Cash On Cash
13.53%
Cap Rate
2
DSCR
$2,674
Rent
$739
Cashflow
Cash Flow
$2,674 income − $1,935 expenses = $739 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,490
Downpayment
20%
$29,990
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,674
Total Expenses
$1,935
Mortgage P&I
32%
$845
Property Taxes
5%
$129
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$321
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$294