This property could be a profitable Mid-Term investment with a projected 17.78% first-year return on $44,754 initial cash invested.
17.78%
Cash On Cash
13.87%
Cap Rate
2.04
DSCR
$2,214
Rent
$663
Cashflow
Cash Flow
$2,214 income − $1,551 expenses = $663 cash flow
Investment Breakdown
|
Purchase Price
$127k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,754
Downpayment
20%
$25,480
Closing costs
1%
$1,274
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,214
Total Expenses
$1,551
Mortgage P&I
33%
$721
Property Taxes
1%
$26
Home Insurance
2%
$50
HOA
0%
$0
Property Management
12%
$266
CapEx
4%
$89
Vacancy
3%
$66
Maintenance
4%
$89
Other
11%
$244