This property could be a profitable Mid-Term investment with a projected 10.84% first-year return on $48,471 initial cash invested.
10.84%
Cash On Cash
11.01%
Cap Rate
1.66
DSCR
$2,312
Rent
$438
Cashflow
Cash Flow
$2,312 income − $1,874 expenses = $438 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,471
Downpayment
20%
$29,020
Closing costs
1%
$1,451
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,312
Total Expenses
$1,874
Mortgage P&I
35%
$801
Property Taxes
10%
$228
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$277
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$254