This property could be a profitable Mid-Term investment with a projected 16.87% first-year return on $46,371 initial cash invested.
16.87%
Cash On Cash
13.43%
Cap Rate
1.98
DSCR
$2,378
Rent
$652
Cashflow
Cash Flow
$2,378 income − $1,726 expenses = $652 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,371
Downpayment
20%
$27,020
Closing costs
1%
$1,351
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,378
Total Expenses
$1,726
Mortgage P&I
32%
$765
Property Taxes
3%
$71
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$285
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$262