This property could be a profitable Mid-Term investment with a projected 20.24% first-year return on $34,569 initial cash invested.
20.24%
Cash On Cash
16.53%
Cap Rate
2.53
DSCR
$1,874
Rent
$583
Cashflow
Cash Flow
$1,874 income − $1,291 expenses = $583 cash flow
Investment Breakdown
|
Purchase Price
$78,900
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,569
Downpayment
20%
$15,780
Closing costs
1%
$789
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$1,874
Total Expenses
$1,291
Mortgage P&I
23%
$429
Property Taxes
9%
$165
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$225
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$206