This property could be a profitable Mid-Term investment with a projected 42.22% first-year return on $38,685 initial cash invested.
42.22%
Cash On Cash
24.88%
Cap Rate
3.71
DSCR
$3,284
Rent
$1,361
Cashflow
Cash Flow
$3,284 income − $1,923 expenses = $1,361 cash flow
Investment Breakdown
|
Purchase Price
$98,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,685
Downpayment
20%
$19,700
Closing costs
1%
$985
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$3,284
Total Expenses
$1,923
Mortgage P&I
17%
$550
Property Taxes
6%
$210
Home Insurance
1%
$47
HOA
0%
$0
Property Management
12%
$394
CapEx
4%
$131
Vacancy
3%
$99
Maintenance
4%
$131
Other
11%
$361