This property could be a profitable Mid-Term investment with a projected 14.93% first-year return on $49,668 initial cash invested.
14.93%
Cash On Cash
11.91%
Cap Rate
1.9
DSCR
$2,241
Rent
$618
Cashflow
Cash Flow
$2,241 income − $1,623 expenses = $618 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,668
Downpayment
20%
$30,160
Closing costs
1%
$1,508
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,241
Total Expenses
$1,623
Mortgage P&I
35%
$789
Property Taxes
1%
$24
Home Insurance
2%
$47
HOA
0%
$0
Property Management
12%
$269
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$247