This property could be a profitable Mid-Term investment with a projected 11.97% first-year return on $43,725 initial cash invested.
11.97%
Cash On Cash
11.47%
Cap Rate
1.78
DSCR
$1,911
Rent
$436
Cashflow
Cash Flow
$1,911 income − $1,475 expenses = $436 cash flow
Investment Breakdown
|
Purchase Price
$123k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,725
Downpayment
20%
$24,500
Closing costs
1%
$1,225
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$1,911
Total Expenses
$1,475
Mortgage P&I
34%
$659
Property Taxes
6%
$119
Home Insurance
3%
$49
HOA
0%
$0
Property Management
12%
$229
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$210