This property could be a profitable Mid-Term investment with a projected 15.18% first-year return on $42,066 initial cash invested.
15.18%
Cash On Cash
13.11%
Cap Rate
1.95
DSCR
$1,966
Rent
$532
Cashflow
Cash Flow
$1,966 income − $1,434 expenses = $532 cash flow
Investment Breakdown
|
Purchase Price
$115k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,066
Downpayment
20%
$22,920
Closing costs
1%
$1,146
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$1,966
Total Expenses
$1,434
Mortgage P&I
33%
$641
Property Taxes
2%
$44
Home Insurance
4%
$80
HOA
0%
$0
Property Management
12%
$236
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$216