This property could be a profitable Mid-Term investment with a projected 23.29% first-year return on $47,190 initial cash invested.
23.29%
Cash On Cash
15.29%
Cap Rate
2.36
DSCR
$2,646
Rent
$916
Cashflow
Cash Flow
$2,646 income − $1,730 expenses = $916 cash flow
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,190
Downpayment
20%
$27,800
Closing costs
1%
$1,390
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,646
Total Expenses
$1,730
Mortgage P&I
28%
$749
Property Taxes
1%
$32
Home Insurance
2%
$49
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291