This property could be a profitable Mid-Term investment with a projected 28.95% first-year return on $45,300 initial cash invested.
28.95%
Cash On Cash
18.1%
Cap Rate
2.63
DSCR
$3,032
Rent
$1,093
Cashflow
Cash Flow
$3,032 income − $1,939 expenses = $1,093 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,300
Downpayment
20%
$26,000
Closing costs
1%
$1,300
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$3,032
Total Expenses
$1,939
Mortgage P&I
25%
$747
Property Taxes
4%
$115
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$334