This property could be a profitable Mid-Term investment with a projected 15.82% first-year return on $45,510 initial cash invested.
15.82%
Cash On Cash
12.71%
Cap Rate
1.97
DSCR
$2,055
Rent
$600
Cashflow
Cash Flow
$2,055 income − $1,455 expenses = $600 cash flow
Investment Breakdown
|
Purchase Price
$131k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,510
Downpayment
20%
$26,200
Closing costs
1%
$1,310
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,055
Total Expenses
$1,455
Mortgage P&I
34%
$706
Property Taxes
0%
$4
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$247
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$226