This property could be a profitable Mid-Term investment with a projected 19.58% first-year return on $47,442 initial cash invested.
19.58%
Cash On Cash
14.07%
Cap Rate
2.14
DSCR
$2,582
Rent
$774
Cashflow
Cash Flow
$2,582 income − $1,808 expenses = $774 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,442
Downpayment
20%
$28,040
Closing costs
1%
$1,402
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,582
Total Expenses
$1,808
Mortgage P&I
30%
$767
Property Taxes
4%
$113
Home Insurance
2%
$51
HOA
0%
$0
Property Management
12%
$310
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$284