This property could be a profitable Mid-Term investment with a projected 36.74% first-year return on $27,891 initial cash invested.
36.74%
Cash On Cash
30.32%
Cap Rate
4.58
DSCR
$1,911
Rent
$854
Cashflow
Cash Flow
$1,911 income − $1,057 expenses = $854 cash flow
Investment Breakdown
|
Purchase Price
$47,100
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,891
Downpayment
20%
$9,420
Closing costs
1%
$471
Rehab
0%
$0
Furnishing
38%
$18,000
Cashflow
Total Income
$1,911
Total Expenses
$1,057
Mortgage P&I
14%
$260
Property Taxes
1%
$27
Home Insurance
6%
$122
HOA
0%
$0
Property Management
12%
$229
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$210