This property could be a profitable Mid-Term investment with a projected 20% first-year return on $46,329 initial cash invested.
20%
Cash On Cash
14.59%
Cap Rate
2.18
DSCR
$2,856
Rent
$772
Cashflow
Cash Flow
$2,856 income − $2,084 expenses = $772 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,329
Downpayment
20%
$26,980
Closing costs
1%
$1,349
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,856
Total Expenses
$2,084
Mortgage P&I
26%
$754
Property Taxes
11%
$312
Home Insurance
2%
$47
HOA
0%
$0
Property Management
12%
$343
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314