This property could be a profitable Mid-Term investment with a projected 31.82% first-year return on $33,750 initial cash invested.
31.82%
Cash On Cash
22.54%
Cap Rate
3.29
DSCR
$2,144
Rent
$895
Cashflow
Cash Flow
$2,144 income − $1,249 expenses = $895 cash flow
Investment Breakdown
|
Purchase Price
$75,000
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,750
Downpayment
20%
$15,000
Closing costs
1%
$750
Rehab
0%
$0
Furnishing
24%
$18,000
Cashflow
Total Income
$2,144
Total Expenses
$1,249
Mortgage P&I
20%
$428
Property Taxes
3%
$66
Home Insurance
1%
$26
HOA
0%
$0
Property Management
12%
$257
CapEx
4%
$86
Vacancy
3%
$64
Maintenance
4%
$86
Other
11%
$236