This property could be a profitable Mid-Term investment with a projected 21.89% first-year return on $47,190 initial cash invested.
21.89%
Cash On Cash
15.05%
Cap Rate
2.28
DSCR
$2,958
Rent
$861
Cashflow
Cash Flow
$2,958 income − $2,097 expenses = $861 cash flow
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,190
Downpayment
20%
$27,800
Closing costs
1%
$1,390
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,958
Total Expenses
$2,097
Mortgage P&I
26%
$764
Property Taxes
9%
$279
Home Insurance
2%
$49
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325