This property could be a profitable Mid-Term investment with a projected 12.26% first-year return on $36,795 initial cash invested.
12.26%
Cash On Cash
12.72%
Cap Rate
1.86
DSCR
$1,596
Rent
$376
Cashflow
Cash Flow
$1,596 income − $1,220 expenses = $376 cash flow
Investment Breakdown
|
Purchase Price
$89,500
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,795
Downpayment
20%
$17,900
Closing costs
1%
$895
Rehab
0%
$0
Furnishing
20%
$18,000
Cashflow
Total Income
$1,596
Total Expenses
$1,220
Mortgage P&I
32%
$509
Property Taxes
8%
$134
Home Insurance
2%
$33
HOA
0%
$0
Property Management
12%
$192
CapEx
4%
$64
Vacancy
3%
$48
Maintenance
4%
$64
Other
11%
$176