This property could be a profitable Mid-Term investment with a projected 19.17% first-year return on $39,000 initial cash invested.
19.17%
Cash On Cash
15.3%
Cap Rate
2.28
DSCR
$2,356
Rent
$623
Cashflow
Cash Flow
$2,356 income − $1,733 expenses = $623 cash flow
Investment Breakdown
|
Purchase Price
$100,000
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,000
Downpayment
20%
$20,000
Closing costs
1%
$1,000
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$2,356
Total Expenses
$1,733
Mortgage P&I
24%
$558
Property Taxes
14%
$339
Home Insurance
1%
$35
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$259