This property could be a profitable Mid-Term investment with a projected 63.38% first-year return on $25,350 initial cash invested.
63.38%
Cash On Cash
56.09%
Cap Rate
8.35
DSCR
$2,534
Rent
$1,339
Cashflow
Cash Flow
$2,534 income − $1,195 expenses = $1,339 cash flow
Investment Breakdown
|
Purchase Price
$34,999
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,350
Downpayment
20%
$7,000
Closing costs
1%
$350
Rehab
0%
$0
Furnishing
51%
$18,000
Cashflow
Total Income
$2,534
Total Expenses
$1,195
Mortgage P&I
8%
$196
Property Taxes
5%
$126
Home Insurance
0%
$12
HOA
0%
$0
Property Management
12%
$304
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$279