This property could be a profitable Mid-Term investment with a projected 15.28% first-year return on $38,412 initial cash invested.
15.28%
Cash On Cash
13.31%
Cap Rate
2.07
DSCR
$1,706
Rent
$489
Cashflow
Cash Flow
$1,706 income − $1,217 expenses = $489 cash flow
Investment Breakdown
|
Purchase Price
$97,200
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,412
Downpayment
20%
$19,440
Closing costs
1%
$972
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$1,706
Total Expenses
$1,217
Mortgage P&I
31%
$521
Property Taxes
2%
$41
Home Insurance
4%
$75
HOA
0%
$0
Property Management
12%
$205
CapEx
4%
$68
Vacancy
3%
$51
Maintenance
4%
$68
Other
11%
$188