This property could be a profitable Mid-Term investment with a projected 28.02% first-year return on $48,996 initial cash invested.
28.02%
Cash On Cash
17.05%
Cap Rate
2.55
DSCR
$3,272
Rent
$1,144
Cashflow
Cash Flow
$3,272 income − $2,128 expenses = $1,144 cash flow
Investment Breakdown
|
Purchase Price
$148k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,996
Downpayment
20%
$29,520
Closing costs
1%
$1,476
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$3,272
Total Expenses
$2,128
Mortgage P&I
25%
$822
Property Taxes
4%
$141
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$360