This property could be a profitable Mid-Term investment with a projected 11.86% first-year return on $49,479 initial cash invested.
11.86%
Cash On Cash
11.21%
Cap Rate
1.69
DSCR
$2,076
Rent
$489
Cashflow
Cash Flow
$2,076 income − $1,587 expenses = $489 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,076
Total Expenses
$1,587
Mortgage P&I
40%
$828
Property Taxes
0%
$2
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$249
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$228