This property could be a profitable Mid-Term investment with a projected 15.71% first-year return on $43,998 initial cash invested.
15.71%
Cash On Cash
13.08%
Cap Rate
1.98
DSCR
$2,274
Rent
$576
Cashflow
Cash Flow
$2,274 income − $1,698 expenses = $576 cash flow
Investment Breakdown
|
Purchase Price
$124k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,998
Downpayment
20%
$24,760
Closing costs
1%
$1,238
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$2,274
Total Expenses
$1,698
Mortgage P&I
30%
$682
Property Taxes
8%
$178
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250