This property could be a profitable Mid-Term investment with a projected 14.2% first-year return on $50,550 initial cash invested.
14.2%
Cash On Cash
11.87%
Cap Rate
1.84
DSCR
$2,511
Rent
$598
Cashflow
Cash Flow
$2,511 income − $1,913 expenses = $598 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,511
Total Expenses
$1,913
Mortgage P&I
33%
$835
Property Taxes
7%
$172
Home Insurance
2%
$54
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276