This property could be a profitable Mid-Term investment with a projected 11.69% first-year return on $39,210 initial cash invested.
11.69%
Cash On Cash
11.86%
Cap Rate
1.82
DSCR
$1,707
Rent
$382
Cashflow
Cash Flow
$1,707 income − $1,325 expenses = $382 cash flow
Investment Breakdown
|
Purchase Price
$101k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,210
Downpayment
20%
$20,200
Closing costs
1%
$1,010
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$1,707
Total Expenses
$1,325
Mortgage P&I
32%
$548
Property Taxes
9%
$151
Home Insurance
3%
$46
HOA
0%
$0
Property Management
12%
$205
CapEx
4%
$68
Vacancy
3%
$51
Maintenance
4%
$68
Other
11%
$188