This property could be a profitable Mid-Term investment with a projected 33.07% first-year return on $44,880 initial cash invested.
33.07%
Cash On Cash
19.45%
Cap Rate
2.93
DSCR
$3,232
Rent
$1,237
Cashflow
Cash Flow
$3,232 income − $1,995 expenses = $1,237 cash flow
Investment Breakdown
|
Purchase Price
$128k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,880
Downpayment
20%
$25,600
Closing costs
1%
$1,280
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$3,232
Total Expenses
$1,995
Mortgage P&I
22%
$709
Property Taxes
4%
$142
Home Insurance
1%
$45
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356