This property could be a profitable Mid-Term investment with a projected 11.81% first-year return on $39,336 initial cash invested.
11.81%
Cash On Cash
12.02%
Cap Rate
1.8
DSCR
$1,599
Rent
$387
Cashflow
Cash Flow
$1,599 income − $1,212 expenses = $387 cash flow
Investment Breakdown
|
Purchase Price
$102k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,336
Downpayment
20%
$20,320
Closing costs
1%
$1,016
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$1,599
Total Expenses
$1,212
Mortgage P&I
35%
$567
Property Taxes
1%
$21
Home Insurance
5%
$80
HOA
0%
$0
Property Management
12%
$192
CapEx
4%
$64
Vacancy
3%
$48
Maintenance
4%
$64
Other
11%
$176