This property could be a profitable Mid-Term investment with a projected 18.42% first-year return on $39,483 initial cash invested.
18.42%
Cash On Cash
14.15%
Cap Rate
2.31
DSCR
$1,946
Rent
$606
Cashflow
Cash Flow
$1,946 income − $1,340 expenses = $606 cash flow
Investment Breakdown
|
Purchase Price
$102k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,483
Downpayment
20%
$20,460
Closing costs
1%
$1,023
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$1,946
Total Expenses
$1,340
Mortgage P&I
27%
$522
Property Taxes
3%
$56
Home Insurance
5%
$100
HOA
0%
$0
Property Management
12%
$234
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$214