This property could be a profitable Mid-Term investment with a projected 33.65% first-year return on $49,500 initial cash invested.
33.65%
Cash On Cash
18.99%
Cap Rate
2.83
DSCR
$3,686
Rent
$1,388
Cashflow
Cash Flow
$3,686 income − $2,298 expenses = $1,388 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
$3,686
Total Expenses
$2,298
Mortgage P&I
23%
$839
Property Taxes
4%
$155
Home Insurance
1%
$52
HOA
0%
$0
Property Management
12%
$442
CapEx
4%
$147
Vacancy
3%
$111
Maintenance
4%
$147
Other
11%
$405