This property could be a profitable Mid-Term investment with a projected 15.56% first-year return on $47,127 initial cash invested.
15.56%
Cash On Cash
12.85%
Cap Rate
1.91
DSCR
$2,438
Rent
$611
Cashflow
Cash Flow
$2,438 income − $1,827 expenses = $611 cash flow
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,127
Downpayment
20%
$27,740
Closing costs
1%
$1,387
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,438
Total Expenses
$1,827
Mortgage P&I
32%
$776
Property Taxes
7%
$160
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$268