This property could be a profitable Mid-Term investment with a projected 20.91% first-year return on $45,384 initial cash invested.
20.91%
Cash On Cash
14.75%
Cap Rate
2.25
DSCR
$2,484
Rent
$791
Cashflow
Cash Flow
$2,484 income − $1,693 expenses = $791 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,384
Downpayment
20%
$26,080
Closing costs
1%
$1,304
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,484
Total Expenses
$1,693
Mortgage P&I
29%
$713
Property Taxes
4%
$101
Home Insurance
1%
$35
HOA
0%
$0
Property Management
12%
$298
CapEx
4%
$99
Vacancy
3%
$75
Maintenance
4%
$99
Other
11%
$273