This property could be a profitable Mid-Term investment with a projected 20.52% first-year return on $44,208 initial cash invested.
20.52%
Cash On Cash
14.79%
Cap Rate
2.24
DSCR
$2,368
Rent
$756
Cashflow
Cash Flow
$2,368 income − $1,612 expenses = $756 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,208
Downpayment
20%
$24,960
Closing costs
1%
$1,248
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,368
Total Expenses
$1,612
Mortgage P&I
29%
$687
Property Taxes
1%
$12
Home Insurance
5%
$108
HOA
0%
$0
Property Management
12%
$284
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$260