This property could be a profitable Mid-Term investment with a projected 26.09% first-year return on $50,550 initial cash invested.
26.09%
Cash On Cash
15.78%
Cap Rate
2.49
DSCR
$3,014
Rent
$1,099
Cashflow
Cash Flow
$3,014 income − $1,915 expenses = $1,099 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,550
Downpayment
20%
$31,000
Closing costs
1%
$1,550
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$3,014
Total Expenses
$1,915
Mortgage P&I
27%
$818
Property Taxes
1%
$17
Home Insurance
2%
$54
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$90
Maintenance
4%
$121
Other
11%
$332