This property could be a profitable Mid-Term investment with a projected 10.99% first-year return on $46,413 initial cash invested.
10.99%
Cash On Cash
10.92%
Cap Rate
1.69
DSCR
$1,930
Rent
$425
Cashflow
Cash Flow
$1,930 income − $1,505 expenses = $425 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,413
Downpayment
20%
$27,060
Closing costs
1%
$1,353
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,930
Total Expenses
$1,505
Mortgage P&I
38%
$729
Property Taxes
2%
$32
Home Insurance
5%
$88
HOA
0%
$0
Property Management
12%
$232
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$212