This property could be a profitable Mid-Term investment with a projected 15.31% first-year return on $49,773 initial cash invested.
15.31%
Cash On Cash
12.44%
Cap Rate
1.88
DSCR
$2,416
Rent
$635
Cashflow
Cash Flow
$2,416 income − $1,781 expenses = $635 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,773
Downpayment
20%
$30,260
Closing costs
1%
$1,513
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,416
Total Expenses
$1,781
Mortgage P&I
35%
$836
Property Taxes
3%
$69
Home Insurance
2%
$54
HOA
0%
$0
Property Management
12%
$290
CapEx
4%
$97
Vacancy
3%
$72
Maintenance
4%
$97
Other
11%
$266