This property could be a profitable Mid-Term investment with a projected 24.78% first-year return on $48,765 initial cash invested.
24.78%
Cash On Cash
15.56%
Cap Rate
2.45
DSCR
$2,973
Rent
$1,007
Cashflow
Cash Flow
$2,973 income − $1,966 expenses = $1,007 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,765
Downpayment
20%
$29,300
Closing costs
1%
$1,465
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,973
Total Expenses
$1,966
Mortgage P&I
26%
$774
Property Taxes
4%
$132
Home Insurance
2%
$49
HOA
0%
$0
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$327