This property could be a profitable Mid-Term investment with a projected 13.04% first-year return on $46,917 initial cash invested.
13.04%
Cash On Cash
12%
Cap Rate
1.78
DSCR
$2,289
Rent
$510
Cashflow
Cash Flow
$2,289 income − $1,779 expenses = $510 cash flow
Investment Breakdown
|
Purchase Price
$138k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,917
Downpayment
20%
$27,540
Closing costs
1%
$1,377
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,289
Total Expenses
$1,779
Mortgage P&I
34%
$775
Property Taxes
8%
$184
Home Insurance
2%
$40
HOA
0%
$0
Property Management
12%
$275
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$252