This property could be a profitable Mid-Term investment with a projected 25.09% first-year return on $47,358 initial cash invested.
25.09%
Cash On Cash
15.64%
Cap Rate
2.57
DSCR
$3,046
Rent
$990
Cashflow
Cash Flow
$3,046 income − $2,056 expenses = $990 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,358
Downpayment
20%
$27,960
Closing costs
1%
$1,398
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$3,046
Total Expenses
$2,056
Mortgage P&I
23%
$710
Property Taxes
8%
$250
Home Insurance
2%
$60
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335