This property could be a profitable Mid-Term investment with a projected 11.65% first-year return on $47,883 initial cash invested.
11.65%
Cash On Cash
11.46%
Cap Rate
1.71
DSCR
$2,466
Rent
$465
Cashflow
Cash Flow
$2,466 income − $2,001 expenses = $465 cash flow
Investment Breakdown
|
Purchase Price
$142k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,883
Downpayment
20%
$28,460
Closing costs
1%
$1,423
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,466
Total Expenses
$2,001
Mortgage P&I
32%
$795
Property Taxes
13%
$315
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$296
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$271