This property could be a profitable Mid-Term investment with a projected 10.75% first-year return on $46,980 initial cash invested.
10.75%
Cash On Cash
11.15%
Cap Rate
1.66
DSCR
$2,216
Rent
$421
Cashflow
Cash Flow
$2,216 income − $1,795 expenses = $421 cash flow
Investment Breakdown
|
Purchase Price
$138k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,980
Downpayment
20%
$27,600
Closing costs
1%
$1,380
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,216
Total Expenses
$1,795
Mortgage P&I
35%
$772
Property Taxes
10%
$221
Home Insurance
2%
$48
HOA
0%
$0
Property Management
12%
$266
CapEx
4%
$89
Vacancy
3%
$66
Maintenance
4%
$89
Other
11%
$244