This property could be a profitable Mid-Term investment with a projected 14.07% first-year return on $50,991 initial cash invested.
14.07%
Cash On Cash
11.94%
Cap Rate
1.81
DSCR
$2,488
Rent
$598
Cashflow
Cash Flow
$2,488 income − $1,890 expenses = $598 cash flow
Investment Breakdown
|
Purchase Price
$157k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,991
Downpayment
20%
$31,420
Closing costs
1%
$1,571
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,488
Total Expenses
$1,890
Mortgage P&I
35%
$865
Property Taxes
5%
$118
Home Insurance
2%
$59
HOA
0%
$0
Property Management
12%
$299
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$274