This property could be a profitable Mid-Term investment with a projected 18.48% first-year return on $49,290 initial cash invested.
18.48%
Cash On Cash
13.59%
Cap Rate
2.05
DSCR
$2,608
Rent
$759
Cashflow
Cash Flow
$2,608 income − $1,849 expenses = $759 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,608
Total Expenses
$1,849
Mortgage P&I
32%
$825
Property Taxes
3%
$86
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$313
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$287