This property could be a profitable Mid-Term investment with a projected 22.79% first-year return on $44,607 initial cash invested.
22.79%
Cash On Cash
15.72%
Cap Rate
2.35
DSCR
$2,709
Rent
$847
Cashflow
Cash Flow
$2,709 income − $1,862 expenses = $847 cash flow
Investment Breakdown
|
Purchase Price
$127k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,607
Downpayment
20%
$25,340
Closing costs
1%
$1,267
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,709
Total Expenses
$1,862
Mortgage P&I
26%
$705
Property Taxes
7%
$185
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298