This property could be a profitable Mid-Term investment with a projected 15.69% first-year return on $46,350 initial cash invested.
15.69%
Cash On Cash
12.89%
Cap Rate
1.92
DSCR
$2,218
Rent
$606
Cashflow
Cash Flow
$2,218 income − $1,612 expenses = $606 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,350
Downpayment
20%
$27,000
Closing costs
1%
$1,350
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,218
Total Expenses
$1,612
Mortgage P&I
34%
$755
Property Taxes
2%
$55
Home Insurance
2%
$47
HOA
0%
$0
Property Management
12%
$266
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$244