This property could be a profitable Mid-Term investment with a projected 17.07% first-year return on $49,500 initial cash invested.
17.07%
Cash On Cash
13.23%
Cap Rate
1.96
DSCR
$2,691
Rent
$704
Cashflow
Cash Flow
$2,691 income − $1,987 expenses = $704 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,691
Total Expenses
$1,987
Mortgage P&I
31%
$842
Property Taxes
7%
$177
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296