This property could be a profitable Mid-Term investment with a projected 67.65% first-year return on $36,081 initial cash invested.
67.65%
Cash On Cash
37.49%
Cap Rate
5.42
DSCR
$3,992
Rent
$2,034
Cashflow
Cash Flow
$3,992 income − $1,958 expenses = $2,034 cash flow
Investment Breakdown
|
Purchase Price
$86,100
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,081
Downpayment
20%
$17,220
Closing costs
1%
$861
Rehab
0%
$0
Furnishing
21%
$18,000
Cashflow
Total Income
$3,992
Total Expenses
$1,958
Mortgage P&I
12%
$496
Property Taxes
2%
$73
Home Insurance
1%
$31
HOA
0%
$0
Property Management
12%
$479
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$439