This property could be a profitable Mid-Term investment with a projected 10.24% first-year return on $50,529 initial cash invested.
10.24%
Cash On Cash
10.19%
Cap Rate
1.64
DSCR
$2,024
Rent
$431
Cashflow
Cash Flow
$2,024 income − $1,593 expenses = $431 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,529
Downpayment
20%
$30,980
Closing costs
1%
$1,549
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,024
Total Expenses
$1,593
Mortgage P&I
40%
$804
Property Taxes
2%
$46
Home Insurance
3%
$54
HOA
0%
$0
Property Management
12%
$243
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$223