This property could be a profitable Mid-Term investment with a projected 13.06% first-year return on $39,777 initial cash invested.
13.06%
Cash On Cash
12.56%
Cap Rate
1.86
DSCR
$1,724
Rent
$433
Cashflow
Cash Flow
$1,724 income − $1,291 expenses = $433 cash flow
Investment Breakdown
|
Purchase Price
$104k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,777
Downpayment
20%
$20,740
Closing costs
1%
$1,037
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$1,724
Total Expenses
$1,291
Mortgage P&I
34%
$583
Property Taxes
4%
$75
Home Insurance
3%
$46
HOA
0%
$0
Property Management
12%
$207
CapEx
4%
$69
Vacancy
3%
$52
Maintenance
4%
$69
Other
11%
$190