This property could be a profitable Mid-Term investment with a projected 12.4% first-year return on $51,390 initial cash invested.
12.4%
Cash On Cash
11.58%
Cap Rate
1.72
DSCR
$2,788
Rent
$531
Cashflow
Cash Flow
$2,788 income − $2,257 expenses = $531 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,390
Downpayment
20%
$31,800
Closing costs
1%
$1,590
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,788
Total Expenses
$2,257
Mortgage P&I
32%
$892
Property Taxes
13%
$359
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$335
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$307