This property could be a profitable Mid-Term investment with a projected 10.94% first-year return on $50,550 initial cash invested.
10.94%
Cash On Cash
10.92%
Cap Rate
1.63
DSCR
$2,138
Rent
$461
Cashflow
Cash Flow
$2,138 income − $1,677 expenses = $461 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,550
Downpayment
20%
$31,000
Closing costs
1%
$1,550
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,138
Total Expenses
$1,677
Mortgage P&I
40%
$863
Property Taxes
2%
$32
Home Insurance
3%
$54
HOA
0%
$0
Property Management
12%
$257
CapEx
4%
$86
Vacancy
3%
$64
Maintenance
4%
$86
Other
11%
$235