This property could be a profitable Mid-Term investment with a projected 22.45% first-year return on $44,250 initial cash invested.
22.45%
Cash On Cash
15.86%
Cap Rate
2.36
DSCR
$3,069
Rent
$828
Cashflow
Cash Flow
$3,069 income − $2,241 expenses = $828 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,250
Downpayment
20%
$25,000
Closing costs
1%
$1,250
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$3,069
Total Expenses
$2,241
Mortgage P&I
23%
$701
Property Taxes
15%
$452
Home Insurance
1%
$44
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338