This property could be a profitable Mid-Term investment with a projected 32.04% first-year return on $49,479 initial cash invested.
32.04%
Cash On Cash
18.34%
Cap Rate
2.81
DSCR
$3,891
Rent
$1,321
Cashflow
Cash Flow
$3,891 income − $2,570 expenses = $1,321 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,891
Total Expenses
$2,570
Mortgage P&I
21%
$814
Property Taxes
10%
$380
Home Insurance
1%
$52
HOA
0%
$0
Property Management
12%
$467
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$428