This property could be a profitable Mid-Term investment with a projected 28.93% first-year return on $45,132 initial cash invested.
28.93%
Cash On Cash
17.83%
Cap Rate
2.7
DSCR
$3,024
Rent
$1,088
Cashflow
Cash Flow
$3,024 income − $1,936 expenses = $1,088 cash flow
Investment Breakdown
|
Purchase Price
$129k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,132
Downpayment
20%
$25,840
Closing costs
1%
$1,292
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$3,024
Total Expenses
$1,936
Mortgage P&I
24%
$711
Property Taxes
5%
$137
Home Insurance
2%
$59
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333