This property could be a profitable Mid-Term investment with a projected 30.9% first-year return on $27,849 initial cash invested.
30.9%
Cash On Cash
26.89%
Cap Rate
3.91
DSCR
$1,620
Rent
$717
Cashflow
Cash Flow
$1,620 income − $903 expenses = $717 cash flow
Investment Breakdown
|
Purchase Price
$46,900
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,849
Downpayment
20%
$9,380
Closing costs
1%
$469
Rehab
0%
$0
Furnishing
38%
$18,000
Cashflow
Total Income
$1,620
Total Expenses
$903
Mortgage P&I
17%
$269
Property Taxes
4%
$67
Home Insurance
1%
$16
HOA
0%
$0
Property Management
12%
$194
CapEx
4%
$65
Vacancy
3%
$49
Maintenance
4%
$65
Other
11%
$178