This property could be a profitable Mid-Term investment with a projected 41.63% first-year return on $41,394 initial cash invested.
41.63%
Cash On Cash
23.69%
Cap Rate
3.5
DSCR
$3,357
Rent
$1,436
Cashflow
Cash Flow
$3,357 income − $1,921 expenses = $1,436 cash flow
Investment Breakdown
|
Purchase Price
$111k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,394
Downpayment
20%
$22,280
Closing costs
1%
$1,114
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$3,357
Total Expenses
$1,921
Mortgage P&I
19%
$629
Property Taxes
2%
$69
Home Insurance
2%
$82
HOA
0%
$0
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369