This property could be a profitable Mid-Term investment with a projected 38.6% first-year return on $50,550 initial cash invested.
38.6%
Cash On Cash
20.38%
Cap Rate
3.11
DSCR
$4,035
Rent
$1,626
Cashflow
Cash Flow
$4,035 income − $2,409 expenses = $1,626 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,550
Downpayment
20%
$31,000
Closing costs
1%
$1,550
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$4,035
Total Expenses
$2,409
Mortgage P&I
21%
$846
Property Taxes
3%
$138
Home Insurance
1%
$54
HOA
0%
$0
Property Management
12%
$484
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$444