This property could be a profitable Mid-Term investment with a projected 11.13% first-year return on $49,710 initial cash invested.
11.13%
Cash On Cash
10.51%
Cap Rate
1.71
DSCR
$2,217
Rent
$461
Cashflow
Cash Flow
$2,217 income − $1,756 expenses = $461 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,710
Downpayment
20%
$30,200
Closing costs
1%
$1,510
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,217
Total Expenses
$1,756
Mortgage P&I
35%
$772
Property Taxes
6%
$138
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$266
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$244