This property could be a profitable Mid-Term investment with a projected 13.43% first-year return on $57,471 initial cash invested.
13.43%
Cash On Cash
10.43%
Cap Rate
1.56
DSCR
$3,046
Rent
$643
Cashflow
Cash Flow
$3,046 income − $2,403 expenses = $643 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,471
Downpayment
20%
$49,020
Closing costs
1%
$2,451
Rehab
0%
$0
Furnishing
2%
$6,000
Cashflow
Total Income
$3,046
Total Expenses
$2,403
Mortgage P&I
45%
$1,365
Property Taxes
0%
$1
Home Insurance
0%
$1
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335