This property could be a profitable Mid-Term investment with a projected 41.78% first-year return on $46,329 initial cash invested.
41.78%
Cash On Cash
22.26%
Cap Rate
3.42
DSCR
$3,940
Rent
$1,613
Cashflow
Cash Flow
$3,940 income − $2,327 expenses = $1,613 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,329
Downpayment
20%
$26,980
Closing costs
1%
$1,349
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$3,940
Total Expenses
$2,327
Mortgage P&I
19%
$731
Property Taxes
5%
$210
Home Insurance
1%
$46
HOA
0%
$0
Property Management
12%
$473
CapEx
4%
$158
Vacancy
3%
$118
Maintenance
4%
$158
Other
11%
$433