This property could be a profitable Mid-Term investment with a projected 11.95% first-year return on $48,198 initial cash invested.
11.95%
Cash On Cash
11.42%
Cap Rate
1.72
DSCR
$2,276
Rent
$480
Cashflow
Cash Flow
$2,276 income − $1,796 expenses = $480 cash flow
Investment Breakdown
|
Purchase Price
$144k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,198
Downpayment
20%
$28,760
Closing costs
1%
$1,438
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,276
Total Expenses
$1,796
Mortgage P&I
35%
$798
Property Taxes
7%
$169
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250