This property could be a profitable Mid-Term investment with a projected 23.82% first-year return on $36,375 initial cash invested.
23.82%
Cash On Cash
17.88%
Cap Rate
2.6
DSCR
$1,995
Rent
$722
Cashflow
Cash Flow
$1,995 income − $1,273 expenses = $722 cash flow
Investment Breakdown
|
Purchase Price
$87,500
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,375
Downpayment
20%
$17,500
Closing costs
1%
$875
Rehab
0%
$0
Furnishing
21%
$18,000
Cashflow
Total Income
$1,995
Total Expenses
$1,273
Mortgage P&I
25%
$502
Property Taxes
3%
$62
Home Insurance
2%
$31
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219