This property could be a profitable Mid-Term investment with a projected 12.61% first-year return on $47,946 initial cash invested.
12.61%
Cash On Cash
11.38%
Cap Rate
1.78
DSCR
$2,168
Rent
$504
Cashflow
Cash Flow
$2,168 income − $1,664 expenses = $504 cash flow
Investment Breakdown
|
Purchase Price
$143k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,946
Downpayment
20%
$28,520
Closing costs
1%
$1,426
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,168
Total Expenses
$1,664
Mortgage P&I
35%
$761
Property Taxes
5%
$115
Home Insurance
2%
$51
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$238