This property could be a profitable Mid-Term investment with a projected 22.7% first-year return on $44,250 initial cash invested.
22.7%
Cash On Cash
15.81%
Cap Rate
2.34
DSCR
$2,662
Rent
$837
Cashflow
Cash Flow
$2,662 income − $1,825 expenses = $837 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,250
Downpayment
20%
$25,000
Closing costs
1%
$1,250
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,662
Total Expenses
$1,825
Mortgage P&I
26%
$704
Property Taxes
7%
$173
Home Insurance
2%
$44
HOA
0%
$0
Property Management
12%
$319
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$293