This property could be a profitable Mid-Term investment with a projected 18.09% first-year return on $39,000 initial cash invested.
18.09%
Cash On Cash
14.54%
Cap Rate
2.23
DSCR
$1,992
Rent
$588
Cashflow
Cash Flow
$1,992 income − $1,404 expenses = $588 cash flow
Investment Breakdown
|
Purchase Price
$100,000
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,000
Downpayment
20%
$20,000
Closing costs
1%
$1,000
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$1,992
Total Expenses
$1,404
Mortgage P&I
27%
$544
Property Taxes
7%
$147
Home Insurance
2%
$35
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219