This property could be a profitable Mid-Term investment with a projected 22.55% first-year return on $26,925 initial cash invested.
22.55%
Cash On Cash
22.42%
Cap Rate
3.32
DSCR
$1,215
Rent
$506
Cashflow
Cash Flow
$1,215 income − $709 expenses = $506 cash flow
Investment Breakdown
|
Purchase Price
$42,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,925
Downpayment
20%
$8,500
Closing costs
1%
$425
Rehab
0%
$0
Furnishing
42%
$18,000
Cashflow
Total Income
$1,215
Total Expenses
$709
Mortgage P&I
20%
$239
Property Taxes
3%
$41
Home Insurance
1%
$15
HOA
0%
$0
Property Management
12%
$146
CapEx
4%
$49
Vacancy
3%
$36
Maintenance
4%
$49
Other
11%
$134