This property could be a profitable Mid-Term investment with a projected 10.05% first-year return on $51,327 initial cash invested.
10.05%
Cash On Cash
10.71%
Cap Rate
1.59
DSCR
$2,426
Rent
$430
Cashflow
Cash Flow
$2,426 income − $1,996 expenses = $430 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,327
Downpayment
20%
$31,740
Closing costs
1%
$1,587
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,426
Total Expenses
$1,996
Mortgage P&I
37%
$890
Property Taxes
9%
$229
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$291
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$267