This property could be a profitable Mid-Term investment with a projected 29.34% first-year return on $37,908 initial cash invested.
29.34%
Cash On Cash
19.53%
Cap Rate
2.99
DSCR
$2,512
Rent
$927
Cashflow
Cash Flow
$2,512 income − $1,585 expenses = $927 cash flow
Investment Breakdown
|
Purchase Price
$94,800
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,908
Downpayment
20%
$18,960
Closing costs
1%
$948
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$2,512
Total Expenses
$1,585
Mortgage P&I
21%
$516
Property Taxes
5%
$138
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276