This property could be a profitable Mid-Term investment with a projected 15.15% first-year return on $46,350 initial cash invested.
15.15%
Cash On Cash
12.49%
Cap Rate
1.92
DSCR
$2,196
Rent
$585
Cashflow
Cash Flow
$2,196 income − $1,611 expenses = $585 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,350
Downpayment
20%
$27,000
Closing costs
1%
$1,350
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,196
Total Expenses
$1,611
Mortgage P&I
33%
$732
Property Taxes
4%
$84
Home Insurance
2%
$47
HOA
0%
$0
Property Management
12%
$264
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$242