This property could be a profitable Mid-Term investment with a projected 14.6% first-year return on $34,779 initial cash invested.
14.6%
Cash On Cash
14.03%
Cap Rate
2.09
DSCR
$1,616
Rent
$423
Cashflow
Cash Flow
$1,616 income − $1,193 expenses = $423 cash flow
Investment Breakdown
|
Purchase Price
$79,900
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,779
Downpayment
20%
$15,980
Closing costs
1%
$799
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$1,616
Total Expenses
$1,193
Mortgage P&I
28%
$446
Property Taxes
10%
$169
Home Insurance
2%
$28
HOA
0%
$0
Property Management
12%
$194
CapEx
4%
$65
Vacancy
3%
$48
Maintenance
4%
$65
Other
11%
$178