This property could be a profitable Mid-Term investment with a projected 10.49% first-year return on $50,907 initial cash invested.
10.49%
Cash On Cash
10.6%
Cap Rate
1.65
DSCR
$2,452
Rent
$445
Cashflow
Cash Flow
$2,452 income − $2,007 expenses = $445 cash flow
Investment Breakdown
|
Purchase Price
$157k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,907
Downpayment
20%
$31,340
Closing costs
1%
$1,567
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,452
Total Expenses
$2,007
Mortgage P&I
34%
$841
Property Taxes
11%
$274
Home Insurance
2%
$58
HOA
0%
$0
Property Management
12%
$294
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$270