This property could be a profitable Mid-Term investment with a projected 67.42% first-year return on $26,379 initial cash invested.
67.42%
Cash On Cash
54.47%
Cap Rate
8.23
DSCR
$2,722
Rent
$1,482
Cashflow
Cash Flow
$2,722 income − $1,240 expenses = $1,482 cash flow
Investment Breakdown
|
Purchase Price
$39,900
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,379
Downpayment
20%
$7,980
Closing costs
1%
$399
Rehab
0%
$0
Furnishing
45%
$18,000
Cashflow
Total Income
$2,722
Total Expenses
$1,240
Mortgage P&I
8%
$220
Property Taxes
3%
$80
Home Insurance
1%
$14
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$299