This property could be a profitable Mid-Term investment with a projected 17.37% first-year return on $35,850 initial cash invested.
17.37%
Cash On Cash
15.06%
Cap Rate
2.22
DSCR
$1,690
Rent
$519
Cashflow
Cash Flow
$1,690 income − $1,171 expenses = $519 cash flow
Investment Breakdown
|
Purchase Price
$85,000
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,850
Downpayment
20%
$17,000
Closing costs
1%
$850
Rehab
0%
$0
Furnishing
21%
$18,000
Cashflow
Total Income
$1,690
Total Expenses
$1,171
Mortgage P&I
28%
$480
Property Taxes
5%
$85
Home Insurance
2%
$30
HOA
0%
$0
Property Management
12%
$203
CapEx
4%
$68
Vacancy
3%
$51
Maintenance
4%
$68
Other
11%
$186