This property could be a profitable Mid-Term investment with a projected 14.14% first-year return on $49,290 initial cash invested.
14.14%
Cash On Cash
11.9%
Cap Rate
1.84
DSCR
$2,331
Rent
$581
Cashflow
Cash Flow
$2,331 income − $1,750 expenses = $581 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,331
Total Expenses
$1,750
Mortgage P&I
34%
$803
Property Taxes
4%
$103
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$280
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$256