This property could be a profitable Mid-Term investment with a projected 17.07% first-year return on $49,479 initial cash invested.
17.07%
Cash On Cash
13%
Cap Rate
1.99
DSCR
$2,570
Rent
$704
Cashflow
Cash Flow
$2,570 income − $1,866 expenses = $704 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,570
Total Expenses
$1,866
Mortgage P&I
32%
$817
Property Taxes
5%
$123
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283