This property could be a profitable Mid-Term investment with a projected 16.7% first-year return on $49,794 initial cash invested.
16.7%
Cash On Cash
12.51%
Cap Rate
2.01
DSCR
$2,475
Rent
$693
Cashflow
Cash Flow
$2,475 income − $1,782 expenses = $693 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,794
Downpayment
20%
$30,280
Closing costs
1%
$1,514
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,475
Total Expenses
$1,782
Mortgage P&I
32%
$786
Property Taxes
4%
$101
Home Insurance
2%
$54
HOA
0%
$0
Property Management
12%
$297
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$272