This property could be a profitable Mid-Term investment with a projected 14.27% first-year return on $47,673 initial cash invested.
14.27%
Cash On Cash
12.29%
Cap Rate
1.83
DSCR
$2,259
Rent
$567
Cashflow
Cash Flow
$2,259 income − $1,692 expenses = $567 cash flow
Investment Breakdown
|
Purchase Price
$141k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,673
Downpayment
20%
$28,260
Closing costs
1%
$1,413
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,259
Total Expenses
$1,692
Mortgage P&I
35%
$790
Property Taxes
3%
$74
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248