This property could be a profitable Mid-Term investment with a projected 12.53% first-year return on $50,361 initial cash invested.
12.53%
Cash On Cash
10.89%
Cap Rate
1.79
DSCR
$2,277
Rent
$526
Cashflow
Cash Flow
$2,277 income − $1,751 expenses = $526 cash flow
Investment Breakdown
|
Purchase Price
$154k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,361
Downpayment
20%
$30,820
Closing costs
1%
$1,541
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,277
Total Expenses
$1,751
Mortgage P&I
34%
$782
Property Taxes
6%
$142
Home Insurance
2%
$54
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250