This property could be a profitable Mid-Term investment with a projected 14.65% first-year return on $44,229 initial cash invested.
14.65%
Cash On Cash
12.03%
Cap Rate
1.97
DSCR
$1,948
Rent
$540
Cashflow
Cash Flow
$1,948 income − $1,408 expenses = $540 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,229
Downpayment
20%
$24,980
Closing costs
1%
$1,249
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,948
Total Expenses
$1,408
Mortgage P&I
33%
$634
Property Taxes
3%
$68
Home Insurance
2%
$44
HOA
0%
$0
Property Management
12%
$234
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$214