This property could be a profitable Mid-Term investment with a projected 17.74% first-year return on $31,650 initial cash invested.
17.74%
Cash On Cash
15.69%
Cap Rate
2.58
DSCR
$1,300
Rent
$468
Cashflow
Cash Flow
$1,300 income − $832 expenses = $468 cash flow
Investment Breakdown
|
Purchase Price
$65,000
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,650
Downpayment
20%
$13,000
Closing costs
1%
$650
Rehab
0%
$0
Furnishing
28%
$18,000
Cashflow
Total Income
$1,300
Total Expenses
$832
Mortgage P&I
25%
$330
Property Taxes
3%
$37
Home Insurance
2%
$23
HOA
0%
$0
Property Management
12%
$156
CapEx
4%
$52
Vacancy
3%
$39
Maintenance
4%
$52
Other
11%
$143