This property could be a profitable Mid-Term investment with a projected 18.46% first-year return on $40,953 initial cash invested.
18.46%
Cash On Cash
14.55%
Cap Rate
2.16
DSCR
$2,061
Rent
$630
Cashflow
Cash Flow
$2,061 income − $1,431 expenses = $630 cash flow
Investment Breakdown
|
Purchase Price
$109k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,953
Downpayment
20%
$21,860
Closing costs
1%
$1,093
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$2,061
Total Expenses
$1,431
Mortgage P&I
30%
$613
Property Taxes
3%
$55
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$247
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$227