This property could be a profitable Mid-Term investment with a projected 24.51% first-year return on $37,950 initial cash invested.
24.51%
Cash On Cash
17.39%
Cap Rate
2.68
DSCR
$2,196
Rent
$775
Cashflow
Cash Flow
$2,196 income − $1,421 expenses = $775 cash flow
Investment Breakdown
|
Purchase Price
$95,000
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,950
Downpayment
20%
$19,000
Closing costs
1%
$950
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$2,196
Total Expenses
$1,421
Mortgage P&I
23%
$514
Property Taxes
6%
$126
Home Insurance
2%
$33
HOA
0%
$0
Property Management
12%
$264
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$242