This property could be a profitable Mid-Term investment with a projected 12.08% first-year return on $47,379 initial cash invested.
12.08%
Cash On Cash
11.25%
Cap Rate
1.78
DSCR
$2,388
Rent
$477
Cashflow
Cash Flow
$2,388 income − $1,911 expenses = $477 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,379
Downpayment
20%
$27,980
Closing costs
1%
$1,399
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,388
Total Expenses
$1,911
Mortgage P&I
31%
$738
Property Taxes
13%
$310
Home Insurance
2%
$49
HOA
0%
$0
Property Management
12%
$287
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$263