This property could be a profitable Mid-Term investment with a projected 21.48% first-year return on $45,090 initial cash invested.
21.48%
Cash On Cash
15.21%
Cap Rate
2.25
DSCR
$2,516
Rent
$807
Cashflow
Cash Flow
$2,516 income − $1,709 expenses = $807 cash flow
Investment Breakdown
|
Purchase Price
$129k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,090
Downpayment
20%
$25,800
Closing costs
1%
$1,290
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,516
Total Expenses
$1,709
Mortgage P&I
29%
$727
Property Taxes
3%
$77
Home Insurance
2%
$49
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$75
Maintenance
4%
$101
Other
11%
$277