This property could be a profitable Mid-Term investment with a projected 12.99% first-year return on $51,474 initial cash invested.
12.99%
Cash On Cash
11.66%
Cap Rate
1.73
DSCR
$2,418
Rent
$557
Cashflow
Cash Flow
$2,418 income − $1,861 expenses = $557 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,474
Downpayment
20%
$31,880
Closing costs
1%
$1,594
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,418
Total Expenses
$1,861
Mortgage P&I
37%
$895
Property Taxes
2%
$59
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$290
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$266