This property could be a profitable Mid-Term investment with a projected 17.18% first-year return on $46,245 initial cash invested.
17.18%
Cash On Cash
13.4%
Cap Rate
2.02
DSCR
$2,382
Rent
$662
Cashflow
Cash Flow
$2,382 income − $1,720 expenses = $662 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,245
Downpayment
20%
$26,900
Closing costs
1%
$1,345
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,382
Total Expenses
$1,720
Mortgage P&I
31%
$745
Property Taxes
5%
$119
Home Insurance
2%
$47
HOA
0%
$0
Property Management
12%
$286
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$262