This property could be a profitable Mid-Term investment with a projected 13.85% first-year return on $39,693 initial cash invested.
13.85%
Cash On Cash
12.85%
Cap Rate
1.92
DSCR
$1,800
Rent
$458
Cashflow
Cash Flow
$1,800 income − $1,342 expenses = $458 cash flow
Investment Breakdown
|
Purchase Price
$103k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,693
Downpayment
20%
$20,660
Closing costs
1%
$1,033
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$1,800
Total Expenses
$1,342
Mortgage P&I
32%
$576
Property Taxes
6%
$102
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$216
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$198