This property could be a profitable Mid-Term investment with a projected 20.58% first-year return on $45,300 initial cash invested.
20.58%
Cash On Cash
14.58%
Cap Rate
2.23
DSCR
$2,358
Rent
$777
Cashflow
Cash Flow
$2,358 income − $1,581 expenses = $777 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,300
Downpayment
20%
$26,000
Closing costs
1%
$1,300
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,358
Total Expenses
$1,581
Mortgage P&I
30%
$709
Property Taxes
1%
$25
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$259