This property could be a profitable Mid-Term investment with a projected 35.51% first-year return on $37,950 initial cash invested.
35.51%
Cash On Cash
21.97%
Cap Rate
3.44
DSCR
$2,738
Rent
$1,123
Cashflow
Cash Flow
$2,738 income − $1,615 expenses = $1,123 cash flow
Investment Breakdown
|
Purchase Price
$95,000
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,950
Downpayment
20%
$19,000
Closing costs
1%
$950
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$2,738
Total Expenses
$1,615
Mortgage P&I
18%
$506
Property Taxes
5%
$144
Home Insurance
1%
$33
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$301