This property could be a profitable Mid-Term investment with a projected 14.42% first-year return on $45,090 initial cash invested.
14.42%
Cash On Cash
12.01%
Cap Rate
1.93
DSCR
$1,995
Rent
$542
Cashflow
Cash Flow
$1,995 income − $1,453 expenses = $542 cash flow
Investment Breakdown
|
Purchase Price
$129k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,090
Downpayment
20%
$25,800
Closing costs
1%
$1,290
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,995
Total Expenses
$1,453
Mortgage P&I
34%
$669
Property Taxes
3%
$61
Home Insurance
2%
$45
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219