This property could be a profitable Mid-Term investment with a projected 23.77% first-year return on $35,136 initial cash invested.
23.77%
Cash On Cash
17.68%
Cap Rate
2.8
DSCR
$1,900
Rent
$696
Cashflow
Cash Flow
$1,900 income − $1,204 expenses = $696 cash flow
Investment Breakdown
|
Purchase Price
$81,600
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,136
Downpayment
20%
$16,320
Closing costs
1%
$816
Rehab
0%
$0
Furnishing
22%
$18,000
Cashflow
Total Income
$1,900
Total Expenses
$1,204
Mortgage P&I
23%
$430
Property Taxes
5%
$92
Home Insurance
2%
$36
HOA
0%
$0
Property Management
12%
$228
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$209