This property could be a profitable Mid-Term investment with a projected 13.15% first-year return on $43,977 initial cash invested.
13.15%
Cash On Cash
11.87%
Cap Rate
1.84
DSCR
$1,898
Rent
$482
Cashflow
Cash Flow
$1,898 income − $1,416 expenses = $482 cash flow
Investment Breakdown
|
Purchase Price
$124k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,977
Downpayment
20%
$24,740
Closing costs
1%
$1,237
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$1,898
Total Expenses
$1,416
Mortgage P&I
35%
$666
Property Taxes
2%
$41
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$228
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$209