This property could be a profitable Mid-Term investment with a projected 15.72% first-year return on $49,773 initial cash invested.
15.72%
Cash On Cash
12.39%
Cap Rate
1.92
DSCR
$2,440
Rent
$652
Cashflow
Cash Flow
$2,440 income − $1,788 expenses = $652 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,773
Downpayment
20%
$30,260
Closing costs
1%
$1,513
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,440
Total Expenses
$1,788
Mortgage P&I
33%
$812
Property Taxes
4%
$92
Home Insurance
2%
$54
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$268