This property could be a profitable Mid-Term investment with a projected 18.83% first-year return on $46,140 initial cash invested.
18.83%
Cash On Cash
13.96%
Cap Rate
2.11
DSCR
$2,376
Rent
$724
Cashflow
Cash Flow
$2,376 income − $1,652 expenses = $724 cash flow
Investment Breakdown
|
Purchase Price
$134k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,140
Downpayment
20%
$26,800
Closing costs
1%
$1,340
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,376
Total Expenses
$1,652
Mortgage P&I
31%
$740
Property Taxes
4%
$87
Home Insurance
1%
$18
HOA
0%
$0
Property Management
12%
$285
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$261