This property could be a profitable Mid-Term investment with a projected 14.7% first-year return on $45,300 initial cash invested.
14.7%
Cash On Cash
12.58%
Cap Rate
1.89
DSCR
$2,206
Rent
$555
Cashflow
Cash Flow
$2,206 income − $1,651 expenses = $555 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,300
Downpayment
20%
$26,000
Closing costs
1%
$1,300
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,206
Total Expenses
$1,651
Mortgage P&I
33%
$720
Property Taxes
6%
$135
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243