This property could be a profitable Mid-Term investment with a projected 15.35% first-year return on $47,379 initial cash invested.
15.35%
Cash On Cash
12.43%
Cap Rate
1.92
DSCR
$2,218
Rent
$606
Cashflow
Cash Flow
$2,218 income − $1,612 expenses = $606 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,379
Downpayment
20%
$27,980
Closing costs
1%
$1,399
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,218
Total Expenses
$1,612
Mortgage P&I
34%
$754
Property Taxes
2%
$54
Home Insurance
2%
$49
HOA
0%
$0
Property Management
12%
$266
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$244