This property could be a profitable Mid-Term investment with a projected 16.02% first-year return on $44,355 initial cash invested.
16.02%
Cash On Cash
12.86%
Cap Rate
2.03
DSCR
$2,241
Rent
$592
Cashflow
Cash Flow
$2,241 income − $1,649 expenses = $592 cash flow
Investment Breakdown
|
Purchase Price
$126k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,355
Downpayment
20%
$25,100
Closing costs
1%
$1,255
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,241
Total Expenses
$1,649
Mortgage P&I
30%
$663
Property Taxes
8%
$188
Home Insurance
2%
$35
HOA
0%
$0
Property Management
12%
$269
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$247