This property could be a profitable Mid-Term investment with a projected 37.01% first-year return on $30,579 initial cash invested.
37.01%
Cash On Cash
26.86%
Cap Rate
4.24
DSCR
$2,055
Rent
$943
Cashflow
Cash Flow
$2,055 income − $1,112 expenses = $943 cash flow
Investment Breakdown
|
Purchase Price
$59,900
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,579
Downpayment
20%
$11,980
Closing costs
1%
$599
Rehab
0%
$0
Furnishing
30%
$18,000
Cashflow
Total Income
$2,055
Total Expenses
$1,112
Mortgage P&I
15%
$316
Property Taxes
4%
$76
Home Insurance
1%
$21
HOA
0%
$0
Property Management
12%
$247
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$226