This property could be a profitable Mid-Term investment with a projected 16.68% first-year return on $50,655 initial cash invested.
16.68%
Cash On Cash
12.86%
Cap Rate
1.94
DSCR
$2,588
Rent
$704
Cashflow
Cash Flow
$2,588 income − $1,884 expenses = $704 cash flow
Investment Breakdown
|
Purchase Price
$156k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,655
Downpayment
20%
$31,100
Closing costs
1%
$1,555
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,588
Total Expenses
$1,884
Mortgage P&I
33%
$859
Property Taxes
4%
$91
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$311
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$285