This property could be a profitable Mid-Term investment with a projected 35.21% first-year return on $46,350 initial cash invested.
35.21%
Cash On Cash
19.89%
Cap Rate
3.02
DSCR
$3,423
Rent
$1,360
Cashflow
Cash Flow
$3,423 income − $2,063 expenses = $1,360 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,423
Total Expenses
$2,063
Mortgage P&I
22%
$741
Property Taxes
3%
$110
Home Insurance
1%
$47
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377