This property could be a profitable Mid-Term investment with a projected 18.84% first-year return on $45,489 initial cash invested.
18.84%
Cash On Cash
14.17%
Cap Rate
2.11
DSCR
$2,490
Rent
$714
Cashflow
Cash Flow
$2,490 income − $1,776 expenses = $714 cash flow
Investment Breakdown
|
Purchase Price
$131k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,489
Downpayment
20%
$26,180
Closing costs
1%
$1,309
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,490
Total Expenses
$1,776
Mortgage P&I
29%
$732
Property Taxes
6%
$138
Home Insurance
2%
$58
HOA
0%
$0
Property Management
12%
$299
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$274