This property could be a profitable Mid-Term investment with a projected 19.57% first-year return on $47,526 initial cash invested.
19.57%
Cash On Cash
13.95%
Cap Rate
2.16
DSCR
$2,570
Rent
$775
Cashflow
Cash Flow
$2,570 income − $1,795 expenses = $775 cash flow
Investment Breakdown
|
Purchase Price
$141k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,526
Downpayment
20%
$28,120
Closing costs
1%
$1,406
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,570
Total Expenses
$1,795
Mortgage P&I
29%
$757
Property Taxes
4%
$113
Home Insurance
2%
$51
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283