This property could be a profitable Mid-Term investment with a projected 15.77% first-year return on $45,279 initial cash invested.
15.77%
Cash On Cash
12.68%
Cap Rate
1.97
DSCR
$2,042
Rent
$595
Cashflow
Cash Flow
$2,042 income − $1,447 expenses = $595 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,279
Downpayment
20%
$25,980
Closing costs
1%
$1,299
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,042
Total Expenses
$1,447
Mortgage P&I
34%
$696
Property Taxes
0%
$10
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$225