This property could be a profitable Mid-Term investment with a projected 35.37% first-year return on $35,556 initial cash invested.
35.37%
Cash On Cash
23%
Cap Rate
3.53
DSCR
$2,508
Rent
$1,048
Cashflow
Cash Flow
$2,508 income − $1,460 expenses = $1,048 cash flow
Investment Breakdown
|
Purchase Price
$83,600
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,556
Downpayment
20%
$16,720
Closing costs
1%
$836
Rehab
0%
$0
Furnishing
22%
$18,000
Cashflow
Total Income
$2,508
Total Expenses
$1,460
Mortgage P&I
18%
$454
Property Taxes
2%
$53
Home Insurance
4%
$101
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276