This property could be a profitable Mid-Term investment with a projected 12.36% first-year return on $49,815 initial cash invested.
12.36%
Cash On Cash
10.84%
Cap Rate
1.77
DSCR
$2,096
Rent
$513
Cashflow
Cash Flow
$2,096 income − $1,583 expenses = $513 cash flow
Investment Breakdown
|
Purchase Price
$152k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,815
Downpayment
20%
$30,300
Closing costs
1%
$1,515
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,096
Total Expenses
$1,583
Mortgage P&I
37%
$772
Property Taxes
0%
$6
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$252
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$231