This property could be a profitable Mid-Term investment with a projected 10.29% first-year return on $50,949 initial cash invested.
10.29%
Cash On Cash
10.49%
Cap Rate
1.62
DSCR
$2,250
Rent
$437
Cashflow
Cash Flow
$2,250 income − $1,813 expenses = $437 cash flow
Investment Breakdown
|
Purchase Price
$157k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,949
Downpayment
20%
$31,380
Closing costs
1%
$1,569
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,250
Total Expenses
$1,813
Mortgage P&I
38%
$844
Property Taxes
5%
$105
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248