This property could be a profitable Mid-Term investment with a projected 10.68% first-year return on $45,300 initial cash invested.
10.68%
Cash On Cash
11.09%
Cap Rate
1.68
DSCR
$2,024
Rent
$403
Cashflow
Cash Flow
$2,024 income − $1,621 expenses = $403 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,300
Downpayment
20%
$26,000
Closing costs
1%
$1,300
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,024
Total Expenses
$1,621
Mortgage P&I
35%
$717
Property Taxes
8%
$168
Home Insurance
2%
$47
HOA
0%
$0
Property Management
12%
$243
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$223