This property could be a profitable Mid-Term investment with a projected 37.69% first-year return on $37,950 initial cash invested.
37.69%
Cash On Cash
22.56%
Cap Rate
3.71
DSCR
$2,804
Rent
$1,192
Cashflow
Cash Flow
$2,804 income − $1,612 expenses = $1,192 cash flow
Investment Breakdown
|
Purchase Price
$95,000
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,950
Downpayment
20%
$19,000
Closing costs
1%
$950
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$2,804
Total Expenses
$1,612
Mortgage P&I
17%
$482
Property Taxes
5%
$145
Home Insurance
1%
$33
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308