This property could be a profitable Mid-Term investment with a projected 11.73% first-year return on $42,465 initial cash invested.
11.73%
Cash On Cash
11.67%
Cap Rate
1.75
DSCR
$1,758
Rent
$415
Cashflow
Cash Flow
$1,758 income − $1,343 expenses = $415 cash flow
Investment Breakdown
|
Purchase Price
$117k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,465
Downpayment
20%
$23,300
Closing costs
1%
$1,165
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$1,758
Total Expenses
$1,343
Mortgage P&I
37%
$648
Property Taxes
3%
$58
Home Insurance
2%
$40
HOA
0%
$0
Property Management
12%
$211
CapEx
4%
$70
Vacancy
3%
$53
Maintenance
4%
$70
Other
11%
$193