This property could be a profitable Mid-Term investment with a projected 16.69% first-year return on $43,578 initial cash invested.
16.69%
Cash On Cash
12.93%
Cap Rate
2.12
DSCR
$2,212
Rent
$606
Cashflow
Cash Flow
$2,212 income − $1,606 expenses = $606 cash flow
Investment Breakdown
|
Purchase Price
$122k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,578
Downpayment
20%
$24,360
Closing costs
1%
$1,218
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$2,212
Total Expenses
$1,606
Mortgage P&I
28%
$618
Property Taxes
9%
$203
Home Insurance
2%
$35
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243