This property could be a profitable Mid-Term investment with a projected 22.7% first-year return on $33,729 initial cash invested.
22.7%
Cash On Cash
17.88%
Cap Rate
2.8
DSCR
$1,992
Rent
$638
Cashflow
Cash Flow
$1,992 income − $1,354 expenses = $638 cash flow
Investment Breakdown
|
Purchase Price
$74,900
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,729
Downpayment
20%
$14,980
Closing costs
1%
$749
Rehab
0%
$0
Furnishing
24%
$18,000
Cashflow
Total Income
$1,992
Total Expenses
$1,354
Mortgage P&I
20%
$398
Property Taxes
13%
$252
Home Insurance
1%
$26
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219