This property could be a profitable Mid-Term investment with a projected 30.98% first-year return on $49,500 initial cash invested.
30.98%
Cash On Cash
18.26%
Cap Rate
2.72
DSCR
$4,118
Rent
$1,278
Cashflow
Cash Flow
$4,118 income − $2,840 expenses = $1,278 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$4,118
Total Expenses
$2,840
Mortgage P&I
20%
$839
Property Taxes
13%
$548
Home Insurance
1%
$52
HOA
0%
$0
Property Management
12%
$494
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$453