This property could be a profitable Mid-Term investment with a projected 14.12% first-year return on $44,460 initial cash invested.
14.12%
Cash On Cash
12.49%
Cap Rate
1.86
DSCR
$2,098
Rent
$523
Cashflow
Cash Flow
$2,098 income − $1,575 expenses = $523 cash flow
Investment Breakdown
|
Purchase Price
$126k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,460
Downpayment
20%
$25,200
Closing costs
1%
$1,260
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,098
Total Expenses
$1,575
Mortgage P&I
34%
$704
Property Taxes
5%
$113
Home Insurance
2%
$44
HOA
0%
$0
Property Management
12%
$252
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$231