This property could be a profitable Mid-Term investment with a projected 37.42% first-year return on $31,650 initial cash invested.
37.42%
Cash On Cash
26.46%
Cap Rate
4
DSCR
$2,206
Rent
$987
Cashflow
Cash Flow
$2,206 income − $1,219 expenses = $987 cash flow
Investment Breakdown
|
Purchase Price
$65,000
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,650
Downpayment
20%
$13,000
Closing costs
1%
$650
Rehab
0%
$0
Furnishing
28%
$18,000
Cashflow
Total Income
$2,206
Total Expenses
$1,219
Mortgage P&I
16%
$358
Property Taxes
4%
$88
Home Insurance
1%
$23
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243