This property could be a profitable Mid-Term investment with a projected 15.75% first-year return on $47,988 initial cash invested.
15.75%
Cash On Cash
12.57%
Cap Rate
1.96
DSCR
$2,566
Rent
$630
Cashflow
Cash Flow
$2,566 income − $1,936 expenses = $630 cash flow
Investment Breakdown
|
Purchase Price
$143k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,988
Downpayment
20%
$28,560
Closing costs
1%
$1,428
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,566
Total Expenses
$1,936
Mortgage P&I
30%
$763
Property Taxes
10%
$244
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$282