This property could be a profitable Mid-Term investment with a projected 24.18% first-year return on $48,786 initial cash invested.
24.18%
Cash On Cash
15.29%
Cap Rate
2.45
DSCR
$3,102
Rent
$983
Cashflow
Cash Flow
$3,102 income − $2,119 expenses = $983 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,786
Downpayment
20%
$29,320
Closing costs
1%
$1,466
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$3,102
Total Expenses
$2,119
Mortgage P&I
25%
$761
Property Taxes
8%
$260
Home Insurance
1%
$44
HOA
0%
$0
Property Management
12%
$372
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$341