This property could be a profitable Mid-Term investment with a projected 23.24% first-year return on $48,891 initial cash invested.
23.24%
Cash On Cash
15.38%
Cap Rate
2.28
DSCR
$2,787
Rent
$947
Cashflow
Cash Flow
$2,787 income − $1,840 expenses = $947 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,891
Downpayment
20%
$29,420
Closing costs
1%
$1,471
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,787
Total Expenses
$1,840
Mortgage P&I
30%
$827
Property Taxes
1%
$36
Home Insurance
1%
$30
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$84
Maintenance
4%
$111
Other
11%
$307