This property could be a profitable Mid-Term investment with a projected 13.73% first-year return on $47,799 initial cash invested.
13.73%
Cash On Cash
11.81%
Cap Rate
1.83
DSCR
$2,210
Rent
$547
Cashflow
Cash Flow
$2,210 income − $1,663 expenses = $547 cash flow
Investment Breakdown
|
Purchase Price
$142k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,799
Downpayment
20%
$28,380
Closing costs
1%
$1,419
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,210
Total Expenses
$1,663
Mortgage P&I
34%
$761
Property Taxes
3%
$65
Home Insurance
4%
$87
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243