This property could be a profitable Mid-Term investment with a projected 16.22% first-year return on $47,715 initial cash invested.
16.22%
Cash On Cash
12.66%
Cap Rate
2.02
DSCR
$2,691
Rent
$645
Cashflow
Cash Flow
$2,691 income − $2,046 expenses = $645 cash flow
Investment Breakdown
|
Purchase Price
$142k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,715
Downpayment
20%
$28,300
Closing costs
1%
$1,415
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,691
Total Expenses
$2,046
Mortgage P&I
28%
$740
Property Taxes
12%
$327
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296