This property could be a profitable Mid-Term investment with a projected 21.26% first-year return on $44,250 initial cash invested.
21.26%
Cash On Cash
15.18%
Cap Rate
2.29
DSCR
$2,702
Rent
$784
Cashflow
Cash Flow
$2,702 income − $1,918 expenses = $784 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,250
Downpayment
20%
$25,000
Closing costs
1%
$1,250
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,702
Total Expenses
$1,918
Mortgage P&I
26%
$689
Property Taxes
10%
$267
Home Insurance
2%
$44
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297