This property could be a profitable Mid-Term investment with a projected 34.7% first-year return on $42,675 initial cash invested.
34.7%
Cash On Cash
20.75%
Cap Rate
3.04
DSCR
$3,246
Rent
$1,234
Cashflow
Cash Flow
$3,246 income − $2,012 expenses = $1,234 cash flow
Investment Breakdown
|
Purchase Price
$118k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,675
Downpayment
20%
$23,500
Closing costs
1%
$1,175
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$3,246
Total Expenses
$2,012
Mortgage P&I
21%
$668
Property Taxes
6%
$188
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357