This property could be a profitable Mid-Term investment with a projected 12.7% first-year return on $45,447 initial cash invested.
12.7%
Cash On Cash
11.87%
Cap Rate
1.8
DSCR
$2,322
Rent
$481
Cashflow
Cash Flow
$2,322 income − $1,841 expenses = $481 cash flow
Investment Breakdown
|
Purchase Price
$131k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,447
Downpayment
20%
$26,140
Closing costs
1%
$1,307
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,322
Total Expenses
$1,841
Mortgage P&I
31%
$719
Property Taxes
11%
$248
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$279
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$255