This property could be a profitable Mid-Term investment with a projected 10.52% first-year return on $49,395 initial cash invested.
10.52%
Cash On Cash
10.62%
Cap Rate
1.64
DSCR
$2,092
Rent
$433
Cashflow
Cash Flow
$2,092 income − $1,659 expenses = $433 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,395
Downpayment
20%
$29,900
Closing costs
1%
$1,495
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,092
Total Expenses
$1,659
Mortgage P&I
39%
$806
Property Taxes
5%
$95
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$251
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$230