This property could be a profitable Mid-Term investment with a projected 35.1% first-year return on $49,500 initial cash invested.
35.1%
Cash On Cash
19.03%
Cap Rate
3.02
DSCR
$3,602
Rent
$1,448
Cashflow
Cash Flow
$3,602 income − $2,154 expenses = $1,448 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
6.9%
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
$3,602
Total Expenses
$2,154
Mortgage P&I
22%
$787
Property Taxes
3%
$91
Home Insurance
1%
$52
HOA
0%
$0
Property Management
12%
$432
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$396