This property could be a profitable Mid-Term investment with a projected 12.66% first-year return on $49,857 initial cash invested.
12.66%
Cash On Cash
11.6%
Cap Rate
1.74
DSCR
$2,450
Rent
$526
Cashflow
Cash Flow
$2,450 income − $1,924 expenses = $526 cash flow
Investment Breakdown
|
Purchase Price
$152k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,857
Downpayment
20%
$30,340
Closing costs
1%
$1,517
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,450
Total Expenses
$1,924
Mortgage P&I
34%
$842
Property Taxes
8%
$192
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$294
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$270