This property could be a profitable Mid-Term investment with a projected 18.87% first-year return on $37,845 initial cash invested.
18.87%
Cash On Cash
15.26%
Cap Rate
2.26
DSCR
$1,908
Rent
$595
Cashflow
Cash Flow
$1,908 income − $1,313 expenses = $595 cash flow
Investment Breakdown
|
Purchase Price
$94,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,845
Downpayment
20%
$18,900
Closing costs
1%
$945
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$1,908
Total Expenses
$1,313
Mortgage P&I
28%
$531
Property Taxes
5%
$101
Home Insurance
2%
$33
HOA
0%
$0
Property Management
12%
$229
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$210