This property could be a profitable Mid-Term investment with a projected 20.85% first-year return on $48,870 initial cash invested.
20.85%
Cash On Cash
14.29%
Cap Rate
2.21
DSCR
$2,733
Rent
$849
Cashflow
Cash Flow
$2,733 income − $1,884 expenses = $849 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,870
Downpayment
20%
$29,400
Closing costs
1%
$1,470
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,733
Total Expenses
$1,884
Mortgage P&I
29%
$792
Property Taxes
4%
$111
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$328
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$301