This property could be a profitable Mid-Term investment with a projected 22% first-year return on $34,254 initial cash invested.
22%
Cash On Cash
18.05%
Cap Rate
2.65
DSCR
$2,406
Rent
$628
Cashflow
Cash Flow
$2,406 income − $1,778 expenses = $628 cash flow
Investment Breakdown
|
Purchase Price
$77,400
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,254
Downpayment
20%
$15,480
Closing costs
1%
$774
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$2,406
Total Expenses
$1,778
Mortgage P&I
18%
$440
Property Taxes
18%
$438
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$289
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$265