This property could be a profitable Mid-Term investment with a projected 18.82% first-year return on $46,350 initial cash invested.
18.82%
Cash On Cash
13.48%
Cap Rate
2.18
DSCR
$2,319
Rent
$727
Cashflow
Cash Flow
$2,319 income − $1,592 expenses = $727 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,350
Downpayment
20%
$27,000
Closing costs
1%
$1,350
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,319
Total Expenses
$1,592
Mortgage P&I
30%
$696
Property Taxes
3%
$60
Home Insurance
2%
$47
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$255