This property could be a profitable Mid-Term investment with a projected 14.34% first-year return on $48,618 initial cash invested.
14.34%
Cash On Cash
12.4%
Cap Rate
1.83
DSCR
$2,512
Rent
$581
Cashflow
Cash Flow
$2,512 income − $1,931 expenses = $581 cash flow
Investment Breakdown
|
Purchase Price
$146k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,618
Downpayment
20%
$29,160
Closing costs
1%
$1,458
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,512
Total Expenses
$1,931
Mortgage P&I
33%
$825
Property Taxes
8%
$201
Home Insurance
2%
$53
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276