This property could be a profitable Mid-Term investment with a projected 37.8% first-year return on $44,250 initial cash invested.
37.8%
Cash On Cash
21.21%
Cap Rate
3.24
DSCR
$3,351
Rent
$1,394
Cashflow
Cash Flow
$3,351 income − $1,957 expenses = $1,394 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,351
Total Expenses
$1,957
Mortgage P&I
20%
$681
Property Taxes
3%
$92
Home Insurance
1%
$44
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369