This property could be a profitable Mid-Term investment with a projected 14.77% first-year return on $48,828 initial cash invested.
14.77%
Cash On Cash
12.2%
Cap Rate
1.89
DSCR
$2,586
Rent
$601
Cashflow
Cash Flow
$2,586 income − $1,985 expenses = $601 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,828
Downpayment
20%
$29,360
Closing costs
1%
$1,468
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,586
Total Expenses
$1,985
Mortgage P&I
31%
$789
Property Taxes
10%
$266
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$310
CapEx
4%
$103
Vacancy
3%
$78
Maintenance
4%
$103
Other
11%
$284