This property could be a profitable Mid-Term investment with a projected 29.45% first-year return on $49,710 initial cash invested.
29.45%
Cash On Cash
16.96%
Cap Rate
2.72
DSCR
$3,250
Rent
$1,220
Cashflow
Cash Flow
$3,250 income − $2,030 expenses = $1,220 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
6.8%
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
$3,250
Total Expenses
$2,030
Mortgage P&I
24%
$784
Property Taxes
3%
$87
Home Insurance
2%
$53
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358