This property could be a profitable Mid-Term investment with a projected 29.22% first-year return on $48,009 initial cash invested.
29.22%
Cash On Cash
17.55%
Cap Rate
2.65
DSCR
$3,282
Rent
$1,169
Cashflow
Cash Flow
$3,282 income − $2,113 expenses = $1,169 cash flow
Investment Breakdown
|
Purchase Price
$143k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,009
Downpayment
20%
$28,580
Closing costs
1%
$1,429
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$3,282
Total Expenses
$2,113
Mortgage P&I
24%
$790
Property Taxes
4%
$145
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$394
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$361