This property could be a profitable Mid-Term investment with a projected 18.68% first-year return on $51,390 initial cash invested.
18.68%
Cash On Cash
13.6%
Cap Rate
2.03
DSCR
$2,878
Rent
$800
Cashflow
Cash Flow
$2,878 income − $2,078 expenses = $800 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,390
Downpayment
20%
$31,800
Closing costs
1%
$1,590
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,878
Total Expenses
$2,078
Mortgage P&I
31%
$887
Property Taxes
6%
$161
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$345
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$317