This property could be a profitable Mid-Term investment with a projected 16.24% first-year return on $49,500 initial cash invested.
16.24%
Cash On Cash
13.03%
Cap Rate
1.93
DSCR
$2,866
Rent
$670
Cashflow
Cash Flow
$2,866 income − $2,196 expenses = $670 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,866
Total Expenses
$2,196
Mortgage P&I
29%
$844
Property Taxes
11%
$325
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$344
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$315