This property could be a profitable Mid-Term investment with a projected 16.99% first-year return on $48,450 initial cash invested.
16.99%
Cash On Cash
12.89%
Cap Rate
2.02
DSCR
$2,472
Rent
$686
Cashflow
Cash Flow
$2,472 income − $1,786 expenses = $686 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,472
Total Expenses
$1,786
Mortgage P&I
31%
$773
Property Taxes
5%
$121
Home Insurance
2%
$51
HOA
0%
$0
Property Management
12%
$297
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$272