This property could be a profitable Mid-Term investment with a projected 24.68% first-year return on $37,971 initial cash invested.
24.68%
Cash On Cash
17.6%
Cap Rate
2.65
DSCR
$2,169
Rent
$781
Cashflow
Cash Flow
$2,169 income − $1,388 expenses = $781 cash flow
Investment Breakdown
|
Purchase Price
$95,100
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,971
Downpayment
20%
$19,020
Closing costs
1%
$951
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$2,169
Total Expenses
$1,388
Mortgage P&I
24%
$527
Property Taxes
5%
$101
Home Insurance
1%
$22
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$239