This property could be a profitable Mid-Term investment with a projected 12.1% first-year return on $43,641 initial cash invested.
12.1%
Cash On Cash
11.54%
Cap Rate
1.8
DSCR
$2,058
Rent
$440
Cashflow
Cash Flow
$2,058 income − $1,618 expenses = $440 cash flow
Investment Breakdown
|
Purchase Price
$122k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,641
Downpayment
20%
$24,420
Closing costs
1%
$1,221
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$2,058
Total Expenses
$1,618
Mortgage P&I
32%
$652
Property Taxes
9%
$192
Home Insurance
4%
$75
HOA
0%
$0
Property Management
12%
$247
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$226