This property could be a profitable Mid-Term investment with a projected 42.34% first-year return on $32,679 initial cash invested.
42.34%
Cash On Cash
28.19%
Cap Rate
4.24
DSCR
$2,546
Rent
$1,153
Cashflow
Cash Flow
$2,546 income − $1,393 expenses = $1,153 cash flow
Investment Breakdown
|
Purchase Price
$69,900
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,679
Downpayment
20%
$13,980
Closing costs
1%
$699
Rehab
0%
$0
Furnishing
26%
$18,000
Cashflow
Total Income
$2,546
Total Expenses
$1,393
Mortgage P&I
15%
$387
Property Taxes
5%
$116
Home Insurance
1%
$24
HOA
0%
$0
Property Management
12%
$306
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280