This property could be a profitable Mid-Term investment with a projected 18.21% first-year return on $49,479 initial cash invested.
18.21%
Cash On Cash
13.4%
Cap Rate
2.07
DSCR
$2,886
Rent
$751
Cashflow
Cash Flow
$2,886 income − $2,135 expenses = $751 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,886
Total Expenses
$2,135
Mortgage P&I
28%
$808
Property Taxes
10%
$295
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$346
CapEx
4%
$115
Vacancy
3%
$87
Maintenance
4%
$115
Other
11%
$317