This property could be a profitable Mid-Term investment with a projected 15.74% first-year return on $50,025 initial cash invested.
15.74%
Cash On Cash
12.69%
Cap Rate
1.89
DSCR
$2,613
Rent
$656
Cashflow
Cash Flow
$2,613 income − $1,957 expenses = $656 cash flow
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,025
Downpayment
20%
$30,500
Closing costs
1%
$1,525
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,613
Total Expenses
$1,957
Mortgage P&I
33%
$852
Property Taxes
6%
$144
Home Insurance
3%
$72
HOA
0%
$0
Property Management
12%
$314
CapEx
4%
$105
Vacancy
3%
$78
Maintenance
4%
$105
Other
11%
$287