This property could be a profitable Mid-Term investment with a projected 17.51% first-year return on $46,203 initial cash invested.
17.51%
Cash On Cash
13.54%
Cap Rate
2.03
DSCR
$2,346
Rent
$674
Cashflow
Cash Flow
$2,346 income − $1,672 expenses = $674 cash flow
Investment Breakdown
|
Purchase Price
$134k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,203
Downpayment
20%
$26,860
Closing costs
1%
$1,343
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,346
Total Expenses
$1,672
Mortgage P&I
32%
$747
Property Taxes
2%
$52
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$282
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258