This property could be a profitable Mid-Term investment with a projected 26.59% first-year return on $40,533 initial cash invested.
26.59%
Cash On Cash
17.71%
Cap Rate
2.73
DSCR
$2,655
Rent
$898
Cashflow
Cash Flow
$2,655 income − $1,757 expenses = $898 cash flow
Investment Breakdown
|
Purchase Price
$107k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,533
Downpayment
20%
$21,460
Closing costs
1%
$1,073
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$2,655
Total Expenses
$1,757
Mortgage P&I
22%
$580
Property Taxes
8%
$215
Home Insurance
2%
$59
HOA
0%
$0
Property Management
12%
$319
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$292