This property could be a profitable Mid-Term investment with a projected 17.34% first-year return on $41,730 initial cash invested.
17.34%
Cash On Cash
14%
Cap Rate
2.09
DSCR
$2,118
Rent
$603
Cashflow
Cash Flow
$2,118 income − $1,515 expenses = $603 cash flow
Investment Breakdown
|
Purchase Price
$113k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,730
Downpayment
20%
$22,600
Closing costs
1%
$1,130
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$2,118
Total Expenses
$1,515
Mortgage P&I
30%
$630
Property Taxes
6%
$120
Home Insurance
2%
$44
HOA
0%
$0
Property Management
12%
$254
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$233