This property could be a profitable Mid-Term investment with a projected 14.89% first-year return on $42,150 initial cash invested.
14.89%
Cash On Cash
12.53%
Cap Rate
2
DSCR
$1,935
Rent
$523
Cashflow
Cash Flow
$1,935 income − $1,412 expenses = $523 cash flow
Investment Breakdown
|
Purchase Price
$115k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,150
Downpayment
20%
$23,000
Closing costs
1%
$1,150
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$1,935
Total Expenses
$1,412
Mortgage P&I
31%
$601
Property Taxes
6%
$114
Home Insurance
2%
$40
HOA
0%
$0
Property Management
12%
$232
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$213