This property could be a profitable Mid-Term investment with a projected 10.47% first-year return on $44,586 initial cash invested.
10.47%
Cash On Cash
10.86%
Cap Rate
1.68
DSCR
$1,880
Rent
$389
Cashflow
Cash Flow
$1,880 income − $1,491 expenses = $389 cash flow
Investment Breakdown
|
Purchase Price
$127k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,586
Downpayment
20%
$25,320
Closing costs
1%
$1,266
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,880
Total Expenses
$1,491
Mortgage P&I
36%
$682
Property Taxes
7%
$124
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$226
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$207